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Key Details
Sold Price $340,000
Property Type Single Family Home
Sub Type Unit/Flat/Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 265 sqft
Price per Sqft $1,283
Subdivision Palmer Square
MLS Listing ID NJME2024414
Sold Date 03/08/23
Style Colonial
Full Baths 1
HOA Fees $258/mo
HOA Y/N Y
Abv Grd Liv Area 265
Originating Board BRIGHT
Year Built 1932
Annual Tax Amount $5,726
Tax Year 2022
Property Description
Are you looking for an attractive investment property with a tenant already in place? How about one that consistently commands a high rent and low vacancy rate. Then this charming studio in Historical Palmer Square overlooking Princeton University is the one for you! Your tenants-sipping their morning coffee at the unit's Nassau Street facing windows, will enjoy eavesdropping on the bustling local street chatter below. It's an easy stroll to upscale shopping including, Ralph Lauren, Zoe, Rouge, and Barbour, in addition to McCarter Theatre, and a multitude of delectable dining options & the train station. Fresh colored walls & gleaming hardwood floors grace this lovely condo which is accented with a decorative brick fireplace with electric heating insert flanked by bookshelves. Note: Palmer Square recently had all fireplaces sealed up but your tenants, when coming in from the cold, will be one of the few enjoying the 5,000 BTU Napoleon brand electric fireplace insert with 3 flame colors, 7 ember bed colors, flame speed & brightness.
An updated pullman kitchen features cherry cabinetry, granite counter top and stainless steel refrigerator, range and microwave. A full bath with shower/tub and original black & white tile flooring plus two closets (this is a plus) complete the studio. Retreat to the private courtyard for some relaxation with water fountain, wrought iron patio furniture & flowering urns. There is an underground catacomb-like passageway which leads to a clean & bright common laundry room. Several parking garages nearby provide monthly access for those with a car. Enjoy In Town Living at it's Best! Tenant Occupied thru May 2023
Location
State NJ
County Mercer
Area Princeton (21114)
Zoning RESIDENTIAL
Rooms
Other Rooms Living Room, Primary Bedroom, Kitchen, Foyer
Interior
Interior Features Tub Shower, Intercom, Flat, Wood Floors, Studio
Hot Water Natural Gas
Heating Radiator, Hot Water
Cooling Wall Unit
Flooring Wood, Tile/Brick
Fireplaces Number 1
Fireplaces Type Non-Functioning, Electric, Insert
Equipment Range Hood, Refrigerator, Cooktop
Furnishings No
Fireplace Y
Appliance Range Hood, Refrigerator, Cooktop
Heat Source Natural Gas
Laundry Basement, Common
Exterior
Exterior Feature Patio(s)
Utilities Available Cable TV Available, Electric Available, Water Available
Amenities Available Laundry Facilities, Common Grounds, Cable
Waterfront N
Water Access N
Accessibility None
Porch Patio(s)
Garage N
Building
Story 1
Unit Features Garden 1 - 4 Floors
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 1
Additional Building Above Grade
New Construction N
Schools
Elementary Schools Community Park
Middle Schools J Witherspoon
High Schools Princeton
School District Princeton Regional Schools
Others
Pets Allowed Y
HOA Fee Include Heat,Water,Trash,Ext Bldg Maint
Senior Community No
Tax ID 14-00020 08-00048 06-C48F
Ownership Other
Special Listing Condition Standard
Pets Description No Pet Restrictions
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Bought with Kevin Kerins • Smires & Associates
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Marc DiFrancesco
Real Estate Advisor & Licensed Agent | License ID: 2183327
Real Estate Advisor & Licensed Agent License ID: 2183327