Agent Photo
Alyce Murray
Callaway Henderson Sotheby's International Realty
Callaway-Henderson Sotheby's International Realty home
United StatesNew JerseyKingstonThree Centrally Located Properties, One Smart Investment

Three Centrally Located Properties, One Smart Investment
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 and residential real estate. These 3 impeccably maintained properties are fully rented and located just 5 minutes from Princeton in the picturesque Village of Kingston...
$4,200,000
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8
Bedrooms
4
Full Baths
.22 Acres
Exterior
QJ9Q96
Web Id
NJSO2001508
MLS ID
Franklin Township
School District
38
days ago

About 6 Laurel Avenue

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 Village of 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!

Amenities

  • Balcony
  • Dishwasher
  • Patio
  • Refrigerator
  • Terrace / Outdoor Space
  • mixed flooring

features

cooling
Central Air Conditioning
lot description
Sidewalk
Style
Traditional

PROPERTY INFORMATION

Cooling
Central A/C
Heating
Forced Air
Sewer
Public Sewer

Callaway Henderson Sotheby's International Realty

Alyce Murray
  • Real Estate Professional
4 Nassau Street
Princeton, New Jersey 08542 United States
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