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26 John Ringo Rd

East Amwell Twp., NJ 08551
  • $1,150,000
  • STATUS: Active Under Contract
  • ON SITE: 175 Days
  • MLS #: 3821269
Under Contract
UPDATED: 32 min ago
$1,150,000
  • 0
    BEDS
  • 0.66
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,334
    SQFT
  • $111
    $/SQFT
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

Wow! $132,000 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. Great location just minutes from Flemington and convenient to Princeton. Offered for sale as a package for or buy the mixed-use corner property for $650,000 and 5 Family property for $550,000.

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Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Michele Klug Team | Keller Williams Towne Square Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Michele Klug Team | Keller Williams Towne Square Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-06-07T23:46:44.11.
www.micheleklug.com/homes/135416885
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26 John Ringo Rd East Amwell Twp., NJ 08551

  • Price: $1,150,000
  • Status: Active Under Contract
  • On Site: 175 Days
  • Updated: 32 min ago
  • MLS #: 3821269
0
Beds
0
Baths
0
½ Baths
0.66
Acres
10,334
SQFT
$111
$/SQFT
1900
Built
County:
Hunterdon
Area:
East Amwell Twp.
Property Description
Wow! $132,000 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. Great location just minutes from Flemington and convenient to Princeton. Offered for sale as a package for or buy the mixed-use corner property for $650,000 and 5 Family property for $550,000.
Exterior Features

Approximate Lot Size .663 Available Parking Spaces 26 Construction Wood Exterior Description Wood Location Business DistrictCornerFreestanding Lot Description CornerLevel Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description Additional ParkingBlacktopOn-Street ParkingParking Lot-Exclusive Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling Central AirWindow A/C(S) Equipment Available Restrooms - PrivateSmoke Detector Heating Baseboard - ElectricForced Hot Air Max Ceiling Height 9 Max Door Height 7 Number Of Lavatories 10 Office Sq Ft 0

Property Features

Available Immediately For Sale Or Lease For Sale Free Rent No Fuel Type ElectricGas-Natural Gross Operating Income 132300 Lease Includes Building InsuranceBuilding Maintenance Lease Type Modified Net Operating Income 92418 Owner Pays Maintenance-Common AreaRepairsSnow Removal Primary Property Type Apartment Complex Property Type Apartment ComplexStore With Apartment Sale Includes Building Only Sewer Septic Suite Number 0 Tax Amount 22422 Tax Rate Amount 2.553 Tax Rate Year 2021 Tax Year 2021 Tenant Pays ElectricHeat Total Operating Expense 39882 Utilities Electric Utilities Paid By Tenant Water Well Year Built Description Approximate Zoning Commercial

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Weidel: 908-782-0100.


Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Michele Klug Team | Keller Williams Towne Square Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Michele Klug Team | Keller Williams Towne Square Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-06-07T23:46:44.11.
 
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The Michele Klug Team | Keller Williams Towne Square Realty
222 Mt Airy Rd
Basking Ridge NJ, 07920