70 Main Street
Cranbury, NJ 08512
MLS #7119316

Multi-Family
  • 3units
  • 3beds
  • 3baths
  • 0.25acres
  • 2,956sq ft
ACTIVE $840,000
Est. P&I payment: $3208.23/mo
70 Main Street, Cranbury, NJ 08512
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Description for 70 Main Street, Cranbury, NJ 08512
Opportunity knocks to own a revenue generating machine. Three one-bedroom apartments occupied with leases, village commercial space and successful ice cream business. Windows replaced in '15, gas furnace and hot water heater replaced in '11 and roof in November of '17. Tenants love the downtown Main Street Cranbury location and that all utilities less cable are included in the rent which leaves very little time between leases. Gil & Bert's Ice Cream is steamrolling into its 11th year with the season opening on April 1st and concluding on October 31st. Inquire today!
MLS #7119316
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My Notes for MLS #7119316

General Features

  • Property Type: Multi-Family
  • Building Floors: 2
  • Design: ConvDwlg
  • Gross Square Feet: 2,956
  • Land Square Feet: 10,729
  • Total Units: 3
  • Unit 1 Lease End: 7/1/18
  • Unit 2 Lease End: 3/1/19
  • Unit 3 Lease End: 2/14/19
  • Property Age: 176
  • County: MIDDLESEX
  • Subdivision: VILLAGE

Exterior Features

  • Water Front: N
  • Exterior: Shingle
  • Has Garage Flag: Y
  • Garage Spaces: 1-CarGarage
  • Parking: Street,​Drvwy/Off Str

Interior Features

  • Basement: Y
  • Basement Type: Partial
  • Baths Full Unit 1: 1
  • Beds Unit 1: 1
  • Baths Full Unit 2: 1
  • Beds Unit 2: 1
  • Baths Full Unit 3: 1
  • Beds Unit 3: 1

Utilities Features

  • Central Air: N

Financial Features

  • Unit 1 Monthly Rent: 1,050
  • Unit 2 Monthly Rent: 900
  • Unit 3 Monthly Rent: 1,200
  • Annual Heating Expense: 3,600
  • Annual Water Sewer Expense: 3,249
  • Tax Year: 2017
  • Total Assessment: 519,000
  • Total Taxes: 10,032

School Features

  • High School: PRINCETON H.S.
  • Middle School: JOHN WITHERSPOON M.S.
  • School District: Cranbury Twp

Miscellaneous Features

  • New Construction: N
  • Type: SingleBldg

Location

 
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Directions to 70 Main Street, Cranbury, NJ 08512
North Main next to Post Office
The listing information for 70 Main Street, Cranbury, NJ 08512 was graciously provided by our friends at the listing brokerage, Golden Rule Real Estate,LLC

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P&I Payment $3208.23
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Last Updated 04/22/2018 at 9:26pm
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