166 Bunn Drive Unit ##107 & 108 COMBINED, Princeton, NJ 08540

$295,000
Sold Price
$295,000
List Price
$375,000
Closing Date
Apr 04, 2024
Days on Market
109
Status
CLOSED
MLS#
NJME2037070
Year Built
1982
County
Mercer
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.

Additional Information

Area
Princeton (21114)
Taxes
$4277
School District
Princeton Regional Schools
Heating
Central
Heating Fuel
Electric
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

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Listing Courtesy Of Princeton Realty Management Group, LLC, Contact: (609) 921-7655

Listing courtesy of Princeton Realty Management Group, LLC. Contact: (609) 921-7655

Selling Office: .