204 N Harrison Street

    PRINCETON, NJ 08540
    • $1,499,900
    • STATUS: Active
    • ON SITE: 76 days
    • ID#: NJME290250
    UPDATED: 75 min ago
    $1,499,900
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1970
    County:

    School Ratings & Info

    School District:

    Description

    Fully rented! Further development potential! This is a rare opportunity to own this mixed use, detached property right in the center of Princeton. This sale contains three separate street addresses (200, 202, and 204 N Harrison Street. The first is currently being used as office space, and is rented by professional psychologists. This unit has four separate offices, two bathrooms, three separate entrances/exits, a common area/waiting room, and plenty of storage. The second unit is a residential apartment located on the second floor. It contains two bedrooms and one bathroom, a fully equip kitchen, and large living space. The final unit is a commercial/medical space currently being used as a high end and successful dental office. This space contains a full bathroom, spacious waiting room, private medical space, and two entrances/exits. This unit is also shared part time by a massage therapist. The building has a full basement with plenty of dry storage space and individually zoned heating/air conditioning systems. Finally, there is a backyard space that feels very private, despite the fact that the property is located right in the heart of the historic town of Princeton. In addition to being a turn-key investment property, these units are now fully rented and some spaces have been renovated in the past few months. There is also further development potential for a save investor to increase rental income. A second story can be added to the other half of the building, or additional units can be built onto the back of the property. Lastly, the dental business can also be for sale. Please do not hesitate to reach out for more details or for answers to any questions. Build your rental portfolio and/or invest in a future project in one of the most lucrative markets in the state.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Sunita Bali Team at Re/Max Town Center. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-03-30T07:48:49.677.
    www.balihomes-md.com/homes/102274357

    204 N Harrison Street PRINCETON, NJ 08540

    • Price: $1,499,900
    • Status: Active
    • Updated: 75 min ago
    • ID#: NJME290250
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    1970
    Built
    Neighborhood:
    Princeton (21114)
    County:
    Mercer
    Area:
    Princeton (21114)
    School District:
    Princeton Regional Schools
    Property Description
    Fully rented! Further development potential! This is a rare opportunity to own this mixed use, detached property right in the center of Princeton. This sale contains three separate street addresses (200, 202, and 204 N Harrison Street. The first is currently being used as office space, and is rented by professional psychologists. This unit has four separate offices, two bathrooms, three separate entrances/exits, a common area/waiting room, and plenty of storage. The second unit is a residential apartment located on the second floor. It contains two bedrooms and one bathroom, a fully equip kitchen, and large living space. The final unit is a commercial/medical space currently being used as a high end and successful dental office. This space contains a full bathroom, spacious waiting room, private medical space, and two entrances/exits. This unit is also shared part time by a massage therapist. The building has a full basement with plenty of dry storage space and individually zoned heating/air conditioning systems. Finally, there is a backyard space that feels very private, despite the fact that the property is located right in the heart of the historic town of Princeton. In addition to being a turn-key investment property, these units are now fully rented and some spaces have been renovated in the past few months. There is also further development potential for a save investor to increase rental income. A second story can be added to the other half of the building, or additional units can be built onto the back of the property. Lastly, the dental business can also be for sale. Please do not hesitate to reach out for more details or for answers to any questions. Build your rental portfolio and/or invest in a future project in one of the most lucrative markets in the state.
    Exterior Features

    Construction Materials FrameCedarShake Siding Garage YN No Location Type Free Standing Parking Types Parking Lot Property Condition Average+Renov/RemodShows WellTurn Key Riparian Rights YN No Roof Shingle Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 2572.00 Cooling ZonedCentral A/C Flooring CarpetHardwoodLaminated Heating CentralForced Air Heating YN Yes Inclusions Negotiable Net Square Feet 2572.00

    Property Features

    Acceptable Financing CashConventional Accessibility Features 2+ Access Exits Assessment Year 2019 Association YN No Business Type Apartment BuildingFlexMedicalProfessionalOther Central Air YN Yes Cooling Fuel Natural Gas Gross Income 9750.00 Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Princeton Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 302204984860 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 21080.00 Tax Assessment Amount 888700.00 Tax Lot 00031 Total Actual Rent 117000.00 Vacation Rental YN No Water Source Public Zoning Por Zoning Description Mixed Use For Both Residential And Commercial. Currently Divided into Three Units (200202And 204) One Res. And Two Com.

    Listing courtesy of Coldwell Banker Residential Brokerage-Princeton Jc.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Sunita Bali Team at Re/Max Town Center. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-03-30T07:48:49.677.
     
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