$625,000

206 WASHINGTON RD, Princeton, NJ 08540

  • 1,234 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $506/sqft
  • Property List Date Icon Listed 11 days ago

Property Description

Investment opportunity in West Windsor NJ - minutes from the Princeton Junction Train Station! Two family property with both units occupied! Downstairs unit is a 2 bedroom, 1 bath leased at $1600/month through December 31, 2026. Upstairs unit is a 1 bedroom, 1 bath leased at $1400/month through April 30, 2026. Total income is $36,004.58 annually. Expenses: $16,451.21. NOI: $19,103.37. Two seperate metered systems - HVAC (2 units) 2008. Water heater 2022. Roof replaced in 2023 and exterior painted 11/2025. Very well maintained and offer off street parking and addtional storage in a detached garage. ***Note: these units are leased at under market value rents. Estimated rent for 2 bedroom unit = $2,300/month and upstairs 1 bedroom at $1,800/month for a potential Gross income of : $49,200. Lead based paint certificate valid through 06/19/2026. Tenant occupied and agent required to accompany showings

Listing Status:
Active
Listing Office:
Queenston Realty, LLC : 6099245353
Listing Agent:
Vanessa C. Shives : 6096104465
MLS ID:
NJME2070362
  • A/C: Central A/C
  • Heating: CentralNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Craftsman
  • Roofing: Asphalt
  • General: FrameBlock
  • Originating MLS: BRIGHT_MAIN
  • School District: WEST WINDSOR-PLAINSBORO REGIONAL
  • County: MERCER-NJ
  • Zoning: R2013-00083-00033
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Vanessa C. Shives, Queenston Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Maurice Hawk Elementary School

303 Clarksville Rd # 305, Princeton Junction, NJ, 08550

Grades KG-3

1.54 miles away

C

Community Middle School

95 Grovers Mill Rd, Plainsboro, NJ, 08536

Grades 6-8

1.87 miles away

W

West Windsor-Plainsboro High School South

346 Clarksville Rd, Princeton Junction, NJ, 08550

Grades 9-12

1.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.