Keith Harris - Coldwell Banker Hearthside
15 Trenton Ave
FRENCHTWON, NJ 08825

$1,395,000

Description

This fantastic investment opportunity on Trenton Avenue - the gateway to Frenchtown - provides optimum commercial exposure to passing traffic, plenty of parking, and excellent income potential. Thanks largely in part to five spacious and charming apartment units in two buildings that are fully let, two parking lots, a retail space, and an excellent location, the future looks bright for the astute investor wanting to get a foothold in this bustling river town with minimal set up costs. The first building offers sleek and spacious residential accommodation on two upper levels with versatile, open floor plans. The first-floor unit currently functions as a salon but it could serve many professional purposes. The second building houses three charming residences that feel more like country cottages then apartments. They range in size from 1-3 bedrooms. In the center of the Borough, with a path that delivers unhindered access to Race Street's shops and caf~'s, this outstanding offering could serve a myriad of uses.

Details

MLS#1001876690
StyleIndustrial
Sub-TypeResale
StatusActive
Year1878
Days On Site182

Features

SQ Feet7,232
Story(s)0
ZoningR-4

Market Activity 08825

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Area Information

StateNJ
CityFRENCHTWON
Zip Code08825
AreaFrenchtown Boro (21011)
Listing VS Median (in 08825)
Price:
$1,395,000
low | high
Med:
$553,450
100% of Average
SqFt:
7,232
low | high
Med:
0
100% of Average
$ / SqFt:
$193
low | high
Med:
$0
100% of Average
On Site:
182
low | high
Med:
146
100% of Average
Listing Updated: 12/13/2018
MLS Number: 1001876690
Listing Provided By:
Russell A Poles  of  Callaway Henderson Sothebys Intl-Lambertville

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