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$499,000   Price Analysis
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852 Mercer St
Princeton, WV 24740
6 bed 9 bath 6,480 SqFt ($77/SqFt)
3,049SqFt lot. Built 1940
Listed 2024-04-28
USDA Eligible
near Princeton, WV
 Restrictions may apply
due to home size

Prime investment opportunity in the heart of Princeton.

Six modern and comfortable apartments plus 3000 sq ft of commercial space. Entire building was renovated and is located in a highly visible location. Great for residents and businesses. Fully rented and generating monthly income. Includes coin operated laundry for tenants, owner office with 1/2 bath, utility room and is 100% turnkey.

Investors will appreciate the potential for stable rental income and long-term appreciatin in value. Take the opportunity to play a vital role in the vibrant growth of the community. Expand your portfolio or establish a foothold in Princeton. 852 Mercer Street presents an exciting opportunity. Call today!


Presented by Nathan Hendrick at
MOUNTAIN REALTY.
Listing Agent Photo

Property MLS #53081 from MercerCounty

Bedrooms: 6

Total Rooms: 10

Total Bathrooms: 6
Full Bathrooms: 6
1/2 Bathrooms: 3

Cooling Features: Central Electric Heat Pump
Heating Features: Electric Heat Pump, Electric Baseboard

Road Frontage Type: City Street

Lot Size Acres: 0.07
Topography: Level
Lot Size Square Feet: 3049

Parking Features: On Street

Gross Income: 62400.00

Number of Units: 7

Business Type: Rental

Annual Tax Amount: 949
Source Listing Status: Active
Current Use: Multi-Family 5+
Directions: Located at 852 Mercer Street, 4th down building from North 9th street. Near Dick Copeland Town Square
Source Property Type: Residential Income
Area: Mercer
Source Neighborhood: Mercer
Property Location: City
Property Subtype: Multi-Family
Source System Name: C2C

Listed 2024-04-28
$499,000
MercerCounty

Natural Gas Available
Electricity Connected
Water Connected
Sewer Connected

Construction Materials: Block, Brick
Property Age: 84

Straley Elementary School is a public elementary school located approximately 0.1 miles away.
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Princeton Middle School is a public middle school located approximately 0.5 miles away.
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Princeton Senior High School is a public high school located approximately 0.9 miles away.
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Mercer Christian Academy is a private elementary, middle and high school located approximately 1.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.