28 John Ringo Rd Active

East Amwell Twp.,NJ 08551

$ 875000

- Bed

- Bath

5587 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,587 sqft

Price per Sqft $156

MLS Listing ID 3927204

Year Built 1900

Annual Tax Amount $13,021

Tax Year 2023

Lot Size 0.660 Acres

Property Description

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.

Location

State NJ

County Hunterdon

Zoning COMMERCIAL

Rooms

Basement Full

Interior

Heating Gas-Natural

Cooling Central Air, Window A/C(s)

Equipment Restrooms - Private

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Story 2

Sewer Septic

Water Well

Others

Ownership Fee Simple

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