Exceptional Investment Opportunity! This well-maintained apartment building, built in 2015, sits on approximately 2 acres and features 13 thoughtfully designed apartments (12 in the Main Building and 1 in the Carriage House). With a mix of 6 one-bedroom and 6 two-bedroom units. Crafted with quality materials, including maple wood floors, Anderson windows, and Corian countertops, providing modern living spaces. Designed as a green building, it offers a low carbon footprint, benefiting both the environment and tenant costs. Each unit features a kitchen, living room, full bath with some units having private balconies or porches. The 9-foot ceilings create an airy feel, while carpeted hallways and double sheetrock walls enhance sound control. Four units are handicapped accessible, promoting inclusivity for all residents. The building includes an alarm and fire sprinkler system, along with a Swiftkey lock system for added security. A 2590-gallon water tank in the basement ensures fire prevention. Enjoy ample off-street parking, a coin-operated laundry area in the basement, and Wi-Fi throughout. Additionally, 2 EV car chargers support electric vehicle use. Located in a scenic rural area, this property offers tranquility while being commutable to Princeton, Flemington, and Lambertville. This property generates over $291,000 in gross rental income annually. A dedicated property manager ensures a well-maintained and thriving space. Don't miss this investment opportunity!
Courtesy: CORCORAN SAWYER SMITH
908-782-0100
SUBSTANTIAL RENOVATIONS JUST COMPLETED! $90,600 of income + potential for even more! You couldn't ask for a more solid investment with great cash flow from day one, long-term tenants and below-market rate rents with a upside for added income! Landmark corner property featuring nearly 6,000 SF mixed-use building with Retail/Deli, 3 Apartments above, Separate Garage & large on-site parking lot. Fully rented and tenants pay their own utilities! Recent improvements include NEW roof, thermal pane windows, siding, new stairway access to apartments and complete renovation to one of the apartments. The Deli space has natural gas heat and central air. Apartments are elec baseboard heat. Adjoining Multi Family property with approx. 4,500 SF building featuring 5 fully rented apartments is also available. Both properties offered for sale as a package or individually. Great location just minutes from Flemington and convenient to Princeton.
Courtesy: CORCORAN SAWYER SMITH
908-782-0100
SUBSTANTIAL RENOVATIONS JUST COMPLETED! Turn-key 9-unit investment property with over $186,000 of income + potential for even more! You couldn't ask for a more solid investment with great cash flow from day one, long-term tenants and below-market rate rents with a tremendous upside for added income! Landmark corner property featuring nearly 6,000 SF mixed-use building with Retail/Deli, 3 Apartments above, Separate Garage & large on-site parking lot PLUS adjoining Multi Family property with approx. 4,500 SF building featuring 5 apartments. Fully rented and tenants pay their own utilities! The Deli space has natural gas heat and central air. Apartments are elec baseboard heat. Recent improvements include NEW roofs, thermal pane windows & siding! Great location just minutes from Flemington and convenient to Princeton. Offered for sale as a package or buy the mixed-use corner property for $825,000 and 5 Family property for $925,000.
Courtesy: RE/MAX 1ST ADVANTAGE
732-382-0200
In business 53 years same family. Remained open thru covid and is now doing even better than before Covid. Open 6 days 7-2. Can easily be open for dinner. Cash only. Seller will rent building and all equipment for triple net Lease. Inquire with Realtor. Mom's has been around since 1971.
4,000 sf of flexible /Visible open space on Route 31. suitable for a variety of uses. 12-15 ft ceiling height. Formerly a showroom for plumbing supply company but suitable for everything from warehouse to retail.. Central AC and heat available for entire space. Easy access to Route 202 as well as 95 via Route 31.
Location Location Location! This Commercial property in the charming town of Ringoes can be converted to offices or retail. Private parking lot and has a drive through. Bring your imagination and we can assist with meeting with the town to meet your needs. Motivated sellers strictly selling "as is" buyer responsible for all inspections and CO.
Ringoes is located in New Jersey. Ringoes, New Jersey has a population of 932. Ringoes is more family-centric than the surrounding county with 40.44% of the households containing married families with children. The county average for households married with children is 33.01%.
The median household income in Ringoes, New Jersey is $87,740. The median household income for the surrounding county is $123,373 compared to the national median of $69,021. The median age of people living in Ringoes is 44.2 years.
The average high temperature in July is 84.5 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 50.1 inches per year, with 27 inches of snow per year.
