UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,669 sqft
Price per Sqft $206
MLS Listing ID NJME2075334
Style Colonial
HOA Y/N N
Abv Grd Liv Area 2,669
Year Built 1950
Annual Tax Amount $11,694
Tax Year 2024
Lot Size 5,502 Sqft
Acres 0.13
Lot Dimensions 50.00 x 110.00
Property Sub-Type Detached
Source BRIGHT
Property Description
PREMIUM INFRASTRUCTURE: This property offers a significant competitive edge with a private driveway leading to an on-site garages and additional parking, providing highly sought-after off-street parking. Additionally, the building includes an expansive, tall-ceiling basement that offers massive storage capacity, mechanical access, or the potential for future creative conversion and ancillary income.
INVESTMENT POTENTIAL: With a history of consistent occupancy, the property provides immediate stability. Current rents offer a solid foundation with significant upside potential based on market trends in this established park-side neighborhood. This asset is ideally positioned for a 1031 exchange or a portfolio expansion.
LOCATION & ACCESS: Situated for maximum convenience, the property is located near the Trenton Transit Center with service to New Jersey Transit and Amtrak, and offers rapid access to Routes 1, 29, and I-295.
SHOWING INSTRUCTIONS: For the privacy of the residents, please do not approach the property or disturb occupants; exterior security cameras are in place. Showings are available only upon acceptance of a Letter of Intent (LOI) accompanied by proof of funds or mortgage pre-approval.
Location
State NJ
County Mercer
Area Trenton City (21111)
Zoning R
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling None
Inclusions Existing appliances in units.
Fireplace N
Heat Source Oil
Exterior
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Garage N
Building
Foundation Permanent
Above Ground Finished SqFt 2669
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade
New Construction N
Schools
School District Trenton Public Schools
Others
Pets Allowed N
Senior Community No
Tax ID 11-33004-00015
Ownership Fee Simple
SqFt Source 2669
Security Features Exterior Cameras
Acceptable Financing Cash, Conventional
Horse Property N
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Nearby School & Business
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Edward Cole
Broker Associate | License ID: PA: AB067617 | DE: RB0020595
Broker Associate License ID: PA: AB067617 | DE: RB0020595