Invest in this FIVE story building in downtown Princeton with SIXTEEN 1-bedroom apartments plus 2700 sq ft of commercial space. First and second floors have been renovated are rented, the third floor is 75% complete. The property is generating great income with potential to have 12 more tenants when completed. Retail space has 2 offices and 2 baths, HVAC, and leased to established business as long-term tenant. Investors will appreciate the potential for stable rental income and potential added value. Expand your portfolio in Princeton with 847 Mercer Street Don't miss this rare opportunity. Call today!
Under contract
$500,000
847 Mercer St, Princeton, WV 24740
16beds
16,200sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$31/sqft
$-- HOA
What's special
Fire escapeNew plumbingNew roofNew windows
- 359 days
- on Zillow |
- 52 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: March 20, 2025 at 08:23pm
Listed by:
Nathan Hendrick,
MOUNTAIN REALTY LLC
Source: Mercer-Tazewell County BOR,MLS#: 53098

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 18
- Full bathrooms: 16
- 1/2 bathrooms: 2
Interior area
- Total structure area: 16,200
- Total interior livable area: 16,200 sqft
Video & virtual tour
Property
Lot
- Size: 3,484.8 Square Feet
- Dimensions: .08
- Features: City Lot
Details
- Parcel number: 10/428
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1920
Community & HOA
Community
- Subdivision: None
Location
- Region: Princeton
Financial & listing details
- Price per square foot: $31/sqft
- Date on market: 5/2/2024
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