Step into a unique investment opportunity located within the Princeton city limits, just off the historic town square. This versatile property offers approximately 5,500 total square feet and blends residential income potential with commercial possibilities. Built in 1890, the building showcases classic character while providing functional space for modern use. The property features two apartment units—one spacious two-bedroom and one comfortable one-bedroom—making it ideal for rental income or owner-occupancy. One of the apartments is currently occupied by tenants, offering immediate income potential. In addition to the residential units, the property includes a separate business space, perfect for retail, office use, or future development. A large storage room adds valuable flexibility for inventory, equipment, or expansion needs. With its prime location just steps from the square, this property benefits from high visibility and convenient access to local shops, dining, and community events. Whether you’re an investor looking to expand your portfolio or an entrepreneur seeking a live/work opportunity, this historic Princeton property delivers both charm and potential.
Investment Opportunity with Room to Grow! Here's your chance to own a well-maintained income-producing property with built-in expansion potential! Located just outside of Princeton, Missouri, along Highway 136, this unique investment package includes: Two 10-plex apartment buildings Two 2-bedroom, 1-bath ranch-style homes One 1-bedroom, 1-bath ranch-style home Situated on approximately 8 acres, the property offers plenty of parking, open green space, and a peaceful setting that tenants appreciate. All units are all-electric with reasonable utilities. The opportunity doesn't stop there—utilities are already stubbed for three additional homes, providing excellent potential for future expansion and increased rental income. Whether you're looking to expand your portfolio or step into a turnkey multifamily investment, this property offers a rare combination of steady income, ample space, and future growth potential in a convenient North Missouri location. Income-producing properties with expansion opportunities like this don't come along often—schedule your private tour today!
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Princeton is located in Missouri. Princeton, Missouri has a population of 1,174. Princeton is more family-centric than the surrounding county with 48.07% of the households containing married families with children. The county average for households married with children is 25.91%.
The median household income in Princeton, Missouri is $41,111. The median household income for the surrounding county is $52,105 compared to the national median of $69,021. The median age of people living in Princeton is 39.6 years.
The average high temperature in July is 87 degrees, with an average low temperature in January of 15.7 degrees. The average rainfall is approximately 38.6 inches per year, with 15.9 inches of snow per year.