66 Main St
$835,000
10
Beds
5
Baths
5,654
Sqft
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$835,000
10
Beds
5
Baths
5,654
Living Area
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Property Description
Multifamily investment opportunity in the heart of Princeton! 4 of 5 units currently occupied, generating $67,800 in gross annual rent ($5,650/month) from in-place tenants. Unit mix: (1) 1BA – leased $1,300/mo, (2) 2BR/1BA – leased $1,700/mo, (3) 1BA – leased $1,400/mo, (4) 3BR/1BA – vacant, $2,000/mo market rent, (5) 1BA – leased $1,250/mo. The vacant unit offers immediate upside — move in, owner-occupy, or lease up to bring total potential gross rent to $91,800/year. Oil heat, landlord-paid. Building offers 5,654 SF with 9 bedrooms and 5 bathrooms total. 2025 operating expenses: taxes $8,305.96, insurance $7,607.80, electric $641.82, heating & cooling $7,939.35, water & sewer $420. Recent nearby multifamily sales range from $200–$284 per square foot, underscoring strong demand for well-positioned multifamily assets in this market. Don't miss this opportunity to acquire a mostly-leased, cash-flowing multifamily property with immediate upside. Buyer to do due diligence.
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Highlights
- Levels: 2
- Property Class: Residential Income
- Stories: 2
- Year Built: 1860
- Parking Spots: 5
- Property Type: 5+ Family - 5+ Units Side by Side
- Total Rooms: 10
- Status: Active
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Additional Details
- Basement: Full, Unfinished
- Exclusions: All Personal Property Belonging To Current Tenants Is Excluded From The Sale.
- Lot Features: Corner Lot
- Roof: Shingle
- Total Number of Units: 5
- Year Built Source: Public Records
- Construction: Frame, See Remarks
- Foundation: Stone, Other
- Road Frontage Type: Public
- SqFt Source: Other
- Year Built Details: Approximate
- Zoning: Ra
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Amenities
- Parking Features: Off Street
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Utilities
- Electric: Circuit Breakers, 100 Amp Service, Other (See Remarks)
- Water Source: Private
- Sewer: Private Sewer
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Fees / Taxes
- Assessed Value: $565,200
- Taxes: $8,305
- Tax Year: 2025
- Total Rent: $5,650
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