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About the Listing MJLM01 - 3148470
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 Highlights
Status
Active With Contingency
Days on Site
18
Property Type
Multi-Family
MLS ®
NJME2070362
Year Built
1930
Total Square Footage
1,234
Lot/Acreage
0.2
Interior Details
- Bedrooms: 3
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1234
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 50.00 x 175.00
- Zoning: R20
- Roof: Asphalt
- Others: Very Good
- Sewer: Public Sewer
- Parking Features: Garage - Front Entry,Detached Garage,Driveway,Parking Lot,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $10,393
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
206 Washington Rd Princeton, NJ 08540
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