2-6 LAUREL Avenue
Kingston, New Jersey 08528 United States

$4,200,000
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ONCE IN A LIFETIME INVESTMENT OPPORTUNITY! The perfect blend of commercial andresidential real estate. These 3 impeccably maintained properties are fully rented and locatedjust 5 minutes from Princeton in the picturesque downtown Kingston with...
$4,200,000
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.22 Acres
Exterior
Single Family Homes
Property type
1920
Year Built
NJSO2001628
Web Id
NJSO2001628
MLS ID
Franklin Twp
Subdivision
Franklin Township
School District
126
days ago

About 2-6 LAUREL Avenue

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

Listing Area: Franklin Twp

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PROPERTY INFORMATION

Cooling
Central A/C
Heating
90% Forced Air
Sewer
Public Sewer
Listing Courtesy of Callaway Henderson Sotheby's Int'l-Princeton
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Callaway Henderson Sotheby's Int'l-Princeton

  • Real Estate Professional
4 Nassau Street
Princeton, New Jersey 08542 United States
  • Real Estate Professional
4 Nassau Street
Princeton, New Jersey 08542 United States
Listing Courtesy of Callaway Henderson Sotheby's Int'l-Princeton
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