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166 Bunn Drive , #107 & 108 COMB

PRINCETON, NJ 08540
  • $375,000
  • STATUS: Active
  • ON SITE: 105 Days
  • ID#: NJME2037070
UPDATED: 80 min ago
$375,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1982
County:

School Ratings & Info

School District:

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.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Erik Hoferer & Associates | Long & Foster. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-21T22:52:00.027.
www.302homefinder.com/homes/145104510
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166 Bunn Drive , #107 & 108 COMB PRINCETON, NJ 08540

  • Price: $375,000
  • Status: Active
  • On Site: 105 Days
  • Updated: 80 min ago
  • ID#: NJME2037070
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1982
Built
Neighborhood:
Princeton (21114)
County:
Mercer
Area:
Princeton (21114)
School District:
Princeton Regional Schools
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.
Exterior Features

Construction Materials Frame Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 1378.00 Cooling Central A/C Exclusions Tenant possessions Heating Central Heating YN Yes Net Square Feet 1301.00

Property Features

Acceptable Financing ConventionalExchange Accessibility Features 36"+ wide Halls Assessment Year 2022 Business Type Professional Central Air YN Yes Cooling Fuel Electric Electric 200+ Amp Service Heating Fuel Electric Historic YN No Hot Water Electric Internet Services Cable Lease Considered YN No Metering Electric Common Municipality PRINCETON Navigable Water YN N New Construction YN No Number Of Units Total 0 Operating Expense Includes ElectricHeating/CoolingManagement FeesRepair/MaintenanceWaterTrashSewerSnow RemovalOtherInsurance Original MLSNumber 802723075032 Ownership Interest Condominium Possession 0-30 Days CD Property Sub Type Office Sale Type Standard Sewer Public Sewer Tax Annual Amount 4277.00 Tax Assessment Amount 175900.00 Tax Lot 00010 107 Total Actual Rent 50798.40 Vacation Rental YN No Water Source Public Year Built Effective 2000 Zoning OR2

Listing courtesy of Princeton Realty Management Group, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Erik Hoferer & Associates | Long & Foster. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-21T22:52:00.027.
 
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