$4,200,000 8 BD 4 BA 3,000 SF

Property Description

ONCE IN A LIFETIME INVESTMENT OPPORTUNITY! The perfect blend of commercial and residential real estate. These 3 impeccably maintained properties are fully rented and located just 5 minutes from Princeton in the picturesque downtown Kingston with its newly reinvented dining scene. This property will provide income, depreciation, equity, appreciation and leverage. This property includes a restaurant and an adjoining mixed-use building, a 4-unit apartment building and the private 24-spot parking lot that joins them. Yes, 3 of the most centrally located buildings situated around the largest parking area in town - an investor’s dream scenario! The thriving market/restaurant is renovated with casual, industrial flair. Durable wood-look tile runs all the way through the fully-equipped kitchen with walk-in cooler and storage. Next door, alfresco seating under a pergola spreads out in front of a charming building with a full apartment upstairs and the opportunity for private dining or meeting space below. Both levels are beautifully maintained and stylishly up-to-date. A rear patio and deck offer even more outdoor space. There is plenty of easy parking for restaurant patrons, employees and tenants of the separate apartment building. All 4 occupied units have similarly sized interiors with 2 bedrooms and their own laundry. Granite, modern cabinetry and wood-grain tile are attractive features. The rear unit is especially desirable thanks to a large, fenced-in patio. Income will be coming in from day one with these rented/leased buildings!

Property Features

  •  0.22
  •  3000
  •  N
  •  NBH
  •  1400
  •  Assessor
  •  0.00
  •  Public Sewer
  • Exterior Features

  •  Frame
  •  Parking Lot
  •  2
  •  Traditional
  • Interior Features

  •  Central A/C
  •  Central
  • School Information

    • FRANKLIN TOWNSHIP PUBLIC SCHOOLS
    Courtesy of Callaway Henderson Sotheby's Int'l-princeton

    Schedule to See Homes

    Michelle Ranaudo

    2674553950
    RE/MAX Town & Country