This prime mixed-use property offers an exceptional investment opportunity in a location that is second to none. Situated on 0.75 acres, this property features a thriving commercial space with a long-term lease and four fully occupied residential apartments, generating a strong and consistent income stream. Located just steps from the train station, this property benefits from unparalleled accessibility, making it highly attractive to both businesses and residents. The four apartments provide ensuring steady cash flow. With all units currently occupied by long-term, reliable tenants, you can start earning from day one. The property also offers ample on-site parking, adding to its appeal. This is not just a solid investment but also a value-add opportunity. With some modern updates and improvements, there is significant potential to increase rental income and enhance the overall value of the property. Given its location, income stability, and growth potential, this property is a rare find that stands out in the market. Donât miss this one-of-a-kind opportunity to invest in a property with incredible potential in a prime location. The property is being sold strictly as-is, offering the buyer full control over any future renovations or enhancements.
NEW Price Reduction! Investors package, two deeded homes on two lots, selling together. #24 and # 28 Birch Ave. Off street parking for both properties. # 24 offers 1 bedroom, living room, kitchen, walk in storage/closet and full bathroom on a slab, oil heat and wall AC. #28 offers 3 bedrooms, large updated kitchen, dining room, living room, front enclosed porch, two full bathrooms (1 up and 1 down), cedar closet, walk in storage/closet and a full basement. #28 has Gas heat/CAC, gas hot water heater, sump pump. and more. Walking distance to downtown and Princeton University. Live in one house, rent the other out, or make this a great rental property and rent out both homes. Endless possibilities.
Princeton is located in New Jersey. Princeton, New Jersey has a population of 30,717. Princeton is more family-centric than the surrounding county with 44.6% of the households containing married families with children. The county average for households married with children is 32.83%.
The median household income in Princeton, New Jersey is $165,149. The median household income for the surrounding county is $85,687 compared to the national median of $69,021. The median age of people living in Princeton is 28.9 years.
The average high temperature in July is 85.6 degrees, with an average low temperature in January of 22 degrees. The average rainfall is approximately 47.4 inches per year, with 24 inches of snow per year.
