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Sold
  • $1,400,000

    175 Washington Rd, Princeton, NJ 08540

    6beds
    5baths
    6,500sqft
    Quadruplex
    Built in 1966
    -- sqft lot
    $1,452,900 Zestimate®
    $215/sqft
    $-- HOA

    What's special

    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. Don’t 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.

    Zillow last checked: 7 hours ago

    Listing updated: February 05, 2025 at 03:53am

    Listed by:

    Yael L Zakut 609-933-0880,

    Compass New Jersey, LLC - Princeton

    Bought with:

    Yuen Li “Ivy” Huang, 0234160

    BHHS Fox & Roach - Princeton

    Source: Bright MLS,MLS#: NJME2047698MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    Basement
    • Area: 0
    Heating
    • Other, Natural Gas
    Cooling
    • Central Air, Wall Unit(s), Other
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Partial
    • Has fireplace: No
    Interior area
    • Total structure area: 6,500
    • Total interior livable area: 6,500 sqft

    Property

    Parking
    • Parking features: Private, Parking Lot
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 0.76 Acres
    • Dimensions: 150.00 x 220.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 130004400027
    • Zoning: R20
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Quadruplex
    Materials
    • Stone
    Condition
    • New construction: No
    • Year built: 1966

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Princeton
    • Municipality: WEST WINDSOR TWP

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Shop Rentals, Apartment Rentals
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    Services availability
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