• 1617 Prospect Street EWING, NJ 08638

  • $425,000
  • 0
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 12632.4
    Sqft

Investors rejoice and Househackers rejoice. Even with higher interest rates, this property will cash-flow. This newly renovated multi-family unit boasts a 3 bed, 1 bath on one side and a 2 bed, 1 bath on the other (both with separate entrances). The 3 bed, 1 bath can be rented for $2300 and the two bed can be rented for $1700. If you're looking to house hack due to higher interest rates, or are looking for an investment opportunity, you won't find a better one that this. With an investor loan and 20% down, your cash flow is around $1100. If you chose to live in one side and rent the other, you'll reduce your living expenses to sub $1000. However you chose to make this space yours, this unit is for you!

Property Type :

Multi-Family

Subdivision :

None Available

County :

MERCER

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Public

Interior Features

2nd Kitchen

Roof : Asphalt

Basement Description: Connecting Stairway

Roofing Information

Asphalt

Heating & Cooling

Cooling: Central A/C

Heating: Baseboard - Hot Water

Cooling Fuel: Natural Gas

Heating Fuel: Natural Gas

Building Information

Year Built: 1950

Structure: Detached

New Construction: No

Total Units: 2

Built: 1950

Construction Material: Block

Roof: Asphalt

Foundation/Basement: Brick/Mortar

Architecture: Other

Pool/Private: No Pool

Roof Type: Asphalt

Pool Information

Pool: No Pool

Utility Features

Sewer: Private Sewer

Water

Water Heat: Natural Gas

Lot Information

Lot Size: 12,632

Lot Size (Acres): 0.29

Architectural Style: Other

Main Square Feet: 12,632

Property Information

SQ ft: 1,382

SQ ft (Living Area): 1,382

Total Lot SQ ft: 12,632

Subdivision: NONE AVAILABLE

Financing: Cash,FHA,Conventional

Total Acreage: 0.29

New Construction: No

Type: Other

Listing Information

Possession: Immediate

Days Of Market: 15

Tax Information

Annual Tax: $4,000

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Immediate

Assessment Information

Taxes Assessment Amount: $122,000

Virtual Tour

Parking Information

Parking Type: Driveway

Parking Features: Concrete Driveway

Has Garage: N

Multi-Unit Information

Acceptable Financing: Cash,FHA,Conventional

Roof: Asphalt

Homeowners Association Information

Direction: Use GPS.

School Information

School District: EWING TOWNSHIP PUBLIC SCHOOLS

Utility Information

Water Source: Public

Sewer: Private Sewer

Cooling Fuel: Natural Gas

Heating Fuel: Natural Gas

Hot Water: Natural Gas

Location Information

Direction: Use GPS.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
124 Albemarle Ave, Ewing, NJ,08638 $325,000 4 2 -- 0.3 Acre
18 Orne Avenue , Ewing, NJ,08638 $50,000 -- -- 3,999 3999 Sqft
44 Dover , Ewing, NJ,08638 $379,900 -- -- 2,016 9300 Sqft
49 Dover Ave, Ewing, NJ,08638 $379,000 4 2 1,300 0.09 Acre
2205-2237 Spruce St , Ewing, NJ,08638 $735,000 -- -- 139,264 139264 Sqft
225 Hazelhurst Avenue , Ewing, NJ,08638 $275,000 4 2.0 1,880 10000 Sqft
124 Ardsley Avenue , Ewing, NJ,08638 $349,000 4 1 1,432 5000 Sqft
39 King Ave, Ewing, NJ,08638 $360,000 3 1.5 -- 0.17 Acre
Multi-family, Ewing, NJ,08638 $725,000 -- -- 2,688 5000 Sqft
1340 Parkside , Ewing, NJ,08638 $205,000 2 1.0 522 5000 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/30/2024 @ 02:56

MLS: NJME2042006
LISTED BY: Timothy Christopher Crew , BHHS Fox & Roach - Princeton
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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