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1116 W State Street

TRENTON, NJ 08618
  • $235,000
  • STATUS: Closed
  • ON SITE: 13 Days
  • ID#: NJME2016722
Sold - 05/20/2022
$235,000
SOLD - 05/20/2022
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,278
    SQFT
  • $103
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1912
County:

School Ratings & Info

School District:

Description

Immediate investment opportunity for a highly-profitable, income producing, multi-family residential property in the historic capital city of Trenton. This three-apartment home is conveniently located close to an exit off of Route 29, shopping plazas, and the Delaware River. Tenants enjoy access to beautiful parks and tennis courts within a 5-minute walk, along with a common back yard. Each apartment conveniently has separate meters for utilities, and tenants have been responsible to pay their own heating, gas and electric utility bills. The ground-floor apartment has two bedrooms, each with an individual full bathroom, along with a Living room and dine-in kitchen. The second floor apartment offers two-bedrooms, each with an individual full bathroom, in addition to living room and dine-in kitchen. On the top floor is the third apartment, featuring one bedroom, one bathroom, and a dine-in kitchen area. The conservative rent potential for this multi-family property is $3,500.00 a month ($1,300 for first-floor and second-floor units, and $900 for the Top-floor unit). Due to local housing needs and recent economic events, higher rents may be possible.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Lux Living Group | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-28T20:50:00.187.
www.luxlivinggroup.com/homes/128732372
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1116 W State Street TRENTON, NJ 08618

  • Price: $269,900
  • Status: Closed
  • On Site: 13 Days
  • Updated: 70 min ago
  • ID#: NJME2016722
0
Beds
0
Baths
0
½ Baths
0.09
Acres
2,278
SQFT
$103
$/SQFT
1912
Built
Neighborhood:
Trenton City (21111)
County:
Mercer
Area:
Trenton City (21111)
School District:
Trenton Public Schools
Property Description
Immediate investment opportunity for a highly-profitable, income producing, multi-family residential property in the historic capital city of Trenton. This three-apartment home is conveniently located close to an exit off of Route 29, shopping plazas, and the Delaware River. Tenants enjoy access to beautiful parks and tennis courts within a 5-minute walk, along with a common back yard. Each apartment conveniently has separate meters for utilities, and tenants have been responsible to pay their own heating, gas and electric utility bills. The ground-floor apartment has two bedrooms, each with an individual full bathroom, along with a Living room and dine-in kitchen. The second floor apartment offers two-bedrooms, each with an individual full bathroom, in addition to living room and dine-in kitchen. On the top floor is the third apartment, featuring one bedroom, one bathroom, and a dine-in kitchen area. The conservative rent potential for this multi-family property is $3,500.00 a month ($1,300 for first-floor and second-floor units, and $900 for the Top-floor unit). Due to local housing needs and recent economic events, higher rents may be possible.
Exterior Features

Architectural Style Colonial Construction Materials Brick Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2278 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Wall Unit Fireplaces Total 0 Heating Baseboard - Hot Water Heating YN Yes Single Room Units 13 Three Bedroom Units 0 Two Bedroom Units 2

Property Features

Acceptable Financing CashConventionalFha Accessibility Features None Assessment Year 2021 Buyer Financing Fha Central Air YN No Close Sale Terms Standard Sale Cooling Fuel Electric Foundation Details Block Heating Fuel Natural Gas Hot Water Natural Gas Municipality Trenton City Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 801567706590 Ownership Interest Fee Simple Possession Immediate Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 6274.00 Tax Assessment Amount 113000.00 Tax Lot 00007 Vacation Rental YN No Water Source Public Zoning Res

Listing courtesy of Keller Williams Real Estate - Princeton.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Lux Living Group | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-28T20:50:00.187.
 
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Lux Living Group | eXp Realty
1848 N Hancock, Ste C
Philadelphia PA, 19122