$295,000
$375,000
21.3%For more information regarding the value of a property, please contact us for a free consultation.
166 BUNN DR ##107 & 108 COMBINED Princeton, NJ 08540
1,378 SqFt
Key Details
Sold Price $295,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 1,378 sqft
Price per Sqft $214
MLS Listing ID NJME2037070
Sold Date 04/04/24
Originating Board BRIGHT
Year Built 1982
Annual Tax Amount $4,277
Tax Year 2022
Lot Dimensions 0.00 x 0.00
Property Description
This well maintained income producing Office is comprised of two condominium units, 107 and 108, which are combined as one Professional Office Condo that has 6 individual offices, 4 of which are leased. An Owner may occupy the entirety or keep the income producing leases. The association fee includes electric and heat, but each unit maintains its own HVAC. The HVAC unit was replaced in the summer of 2023. There are two separate tax bills for a combined Real Estate tax for 2023 in the amount of $6,877.27. This is a rare opportunity for a small office user to own real estate for less than the average rent in Princeton. This condo has its own lobby, ideal for psychiatrists, attorneys and other professionals that require a small waiting room. The unit is on the ground level, with a separate entrance directly into the condo from the grounds. The Electric panel is shared with unit 109, however the electric costs are paid by the association and the expense is part of the association dues.
Location
State NJ
County Mercer
Area Princeton (21114)
Zoning OR2
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 60.0
Water Access N
Accessibility 36\"+ wide Halls
Total Parking Spaces 60
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Princeton Regional Schools
Others
Tax ID 14-05501-00010 107
Ownership Condominium
Acceptable Financing Conventional, Exchange
Listing Terms Conventional, Exchange
Financing Conventional,Exchange
Special Listing Condition Standard
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Bought with VARUN MANCHANDA • Weichert Realtors - Princeton
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