• 1237 E State Street TRENTON, NJ 08609

  • $375,000
  • 0
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 2038
    Sqft

INVESTORS: This four-unit, mixed residential / commercial building has a cap-rate of 8.46%, bringing in a gross rent of $3,850 a month. The downstairs is a large commercial space, currently being used as a church ($1200 a month). Upstairs are three apartments, currently one rented as section 8 bringing in $900 for apt #2 (they have applied to bring rent up to $950), apt #1 for $950 and $800 for apt #3.

Property Type :

Multi-Family

County :

MERCER

Style :

Multi-Family

Sell a home like this and save $22,001 Find Out How

Property Details

 

Water/Sewer

Water Source : Public

Heating & Cooling

Cooling: Wall Unit

Heating: Radiator

Cooling Fuel: None

Heating Fuel: None

Building Information

Year Built: 1950

Structure: End of Row/Townhouse

New Construction: No

Total Units: 4

Built: 1950

Construction Material: Brick

Foundation/Basement: Concrete Perimeter

Architecture: Colonial

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Natural Gas

Lot Information

Lot Size: 2,038

Lot Size (Acres): 0.05

Architectural Style: Colonial

Main Square Feet: 2,038

Property Information

SQ ft: 2,038

SQ ft (Living Area): 2,038

Total Lot SQ ft: 2,038

Financing: Conventional

Total Acreage: 0.05

New Construction: No

Type: Colonial

Listing Information

Possession: Immediate

Days Of Market: 45

Tax Information

Annual Tax: $7,750

Tax Year: 2022

Total Taxes Payment Frequency: Annually

Possession

Immediate

Assessment Information

Taxes Assessment Amount: $142,000

Parking Information

Parking Type: On Street

Parking Features: Public

Has Garage: N

Multi-Unit Information

Acceptable Financing: Conventional

Homeowners Association Information

Direction: Use GPS.

School Information

School District: TRENTON PUBLIC SCHOOLS

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: None

Heating Fuel: None

Hot Water: Natural Gas

Location Information

Location Type: Corner Lot/Unit

Direction: Use GPS.

Homes around $375,000

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1405 Greenwood Avenue , Trenton, NJ,08609 $235,000 3 1.0 1,232 3419 Sqft
1107 W State Street , Trenton, NJ,08609 $299,000 6 1.5 1,528 2627 Sqft
232 N Clinton Avenue , Trenton, NJ,08609 $434,990 -- -- -- 2500 Sqft
246 Tioga Street , Trenton, NJ,08609 $149,000 5 2.0 1,486 2052 Sqft
46 S Olden Avenue , Trenton, NJ,08609 $249,900 -- -- 2,590 2500 Sqft
359 Hamilton Avenue , Trenton, NJ,08609 $399,999 11 4.5 4,040 8002 Sqft
8 Hollywood Avenue , Trenton, NJ,08609 $199,900 4 2.0 1,176 1820 Sqft
120 Cuyler Avenue , Trenton, NJ,08609 $199,900 3 1.0 1,638 2078 Sqft
327 Walnut Avenue , Trenton, NJ,08609 $239,900 3 1.0 1,160 2052 Sqft
131 Tyler Street , Trenton, NJ,08609 $239,900 -- -- -- 1951 Sqft

Similar Multifamily To 1237 E State Street

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 05/15/2024 @ 01:19

MLS: NJME2038328
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.

More Cities with for Sale by Owner Homes

Selling? Save $22,001 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion