$599,000 Price Analysis    ♡   Princeton, WV 24740 16 bed 18 bath 16,200 SqFt ($36/SqFt) 3,485SqFt lot. Built 1920 Listed 2024-05-02 | ✓ USDA Eligible near Princeton, WV Restrictions may apply due to home size |
Invest in this FIVE story building in downtown Princeton with SIXTEEN 1-bedroom apartments plus 2700 sq ft of commercial space.
First and second floors have been renovated are rented, the third floor is 75% co mplete. The property is generating extraordinary income with potential to have 12 more tenants when completed. Retail space has 2 offices and 2 baths, HVAC and leased to establshed business as long term tenant.
Building has new roof, new plumbing, new 1200 amp electrical, new windows and fire escape. Investors will appreciate the potential for stable rental income and potential added value. Expand your portfolio in Princeton with 847 Mercer Street Don't miss this rare opportunity. Call today!
Presented by Nathan Hendrick at
MOUNTAIN REALTY.
Property MLS #53098 from MercerCounty
Full Bathrooms: 16
1/2 Bathrooms: 2
Heating Features: Electric Heat Pump
Topography: Level
Lot Size Square Feet: 3485
Source Listing Status: Active
Current Use: Multi-Family 5+
Directions: Located at 847 Mercer Street, 3rd building down from 9th street. Almost directly across from 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
$599,000
MercerCounty
Water Connected
Sewer Connected
Property Age: 104
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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.