SOLD! Investment Opportunity in Downtown Princeton
We’re excited to announce the sale of a revenue-generating mixed-use property located at 77 Billiter Avenue, Princeton! This incredible investment opportunity offered a blend of commercial and residential spaces, ensuring diversified income streams for the owner.
The property featured three well-maintained residential apartments (a 1-bedroom + den, 2-bedroom, and 3-bedroom) and a versatile commercial space capable of being divided into two smaller units. With zero vacancies and excellent tenants, this property generated an impressive $6,000 per month or $72,000 annually in rental income.
Situated on a spacious 100 x 100 ft lot, the property benefits from C2 zoning, which permits no setbacks, making it ideal for future development projects. Located in a growing community, this investment was an excellent choice for long-term revenue potential and value appreciation.
Location Highlights
This property at 77 Billiter Avenue, Princeton is centrally located near Princeton’s top amenities:
- Lions Park – A popular green space for outdoor activities.
- The Vermilion Forks Walking Trail – Offering scenic views and a relaxing environment for residents.
- Save-On-Foods – Conveniently providing grocery shopping options nearby.
- Local dining favorites such as Thomasina’s Tea Room and The Copper Pit.
- Other nearby attractions include Princeton Museum and vibrant retail stores in the downtown area.
Looking for Your Next Investment Opportunity?
Princeton is an emerging community with a growing demand for quality residential and commercial spaces. If you’re seeking similar properties or looking to explore your real estate options, contact Jared Gibbons, an experienced real estate advisor dedicated to helping you achieve your goals.