26 & 28 John Ringo Rd Active

East Amwell Twp.,NJ 08551

$ 1750000

- Bed

- Bath

10334 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 10,334 sqft

Price per Sqft $169

Subdivision Ringoes

MLS Listing ID 3926023

Year Built 1900

Annual Tax Amount $22,932

Tax Year 2023

Lot Size 1.000 Acres

Property Description

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.

Location

State NJ

County Hunterdon

Zoning Commercial

Rooms

Basement Unfinished

Interior

Heating Electric, Gas-Natural

Cooling Central Air, Window A/C(s)

Equipment Restrooms - Private, Smoke Detector

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Wood

Garage Spaces 26.0

Utilities Available Electric

Roof Type Asphalt Shingle

Parking Type Additional Parking, Blacktop, On-Street Parking, Parking Lot-Exclusive

Building

Lot Description Corner, Level Lot

Story 2

Sewer Septic

Water Well

Others

Ownership Fee Simple

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