Multifamily investment opportunity in the heart of Princeton! 4 of 5 units currently occupied, generating $67,800 in gross annual rent ($5,650/month) from in-place tenants. Unit mix: (1) 1BA – leased $1,300/mo, (2) 2BR/1BA – leased $1,700/mo, (3) 1BA – leased $1,400/mo, (4) 3BR/1BA – vacant, $2,000/mo market rent, (5) 1BA – leased $1,250/mo. The vacant unit offers immediate upside — move in, owner-occupy, or lease up to bring total potential gross rent to $91,800/year. Oil heat, landlord-paid. Building offers 5,654 SF with 9 bedrooms and 5 bathrooms total. 2025 operating expenses: taxes $8,305.96, insurance $7,607.80, electric $641.82, heating & cooling $7,939.35, water & sewer $420. Recent nearby multifamily sales range from $200–$284 per square foot, underscoring strong demand for well-positioned multifamily assets in this market. Don't miss this opportunity to acquire a mostly-leased, cash-flowing multifamily property with immediate upside. Buyer to do due diligence.
20 days
|
582
|
15
|
Zillow last checked:
Listing updated:
Listed by:
Jason Saphire877-249-5478,
www.HomeZu.com877-249-5478
Source: MLS PIN,MLS#: 73554796
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 5
Full bathrooms: 5
Features
Doors: Storm Door(s)
Basement: Full,Unfinished
Has fireplace: No
Interior area
Total structure area: 5,654
Total interior livable area: 5,654 sqft
Finished area above ground: 5,654
Property
Parking
Total spaces: 5
Parking features: Off Street
Uncovered spaces: 5
Lot
Size: 0.96 Acres
Features: Corner Lot
Details
Parcel number: 3526743
Zoning: RA
Construction
Type & style
Home type: MultiFamily
Property subtype: 5+ Family - 5+ Units Side by Side
Materials
Frame, See Remarks
Foundation: Stone, Other
Roof: Shingle
Condition
Year built: 1860
Utilities & green energy
Electric: Circuit Breakers, 100 Amp Service, Other (See Remarks)
Sewer: Private Sewer
Water: Private
Utilities for property: for Gas Oven
Green energy
Energy efficient items: Other (See Remarks)
Community & HOA
Location
Region: Princeton
Financial & listing details
Price per square foot: $148/sqft
Tax assessed value: $565,200
Annual tax amount: $8,305
Date on market: 7/24/2026
Exclusions: All Personal Property Belonging To Current Tenants Is Excluded From The Sale.