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1237 E State Street

TRENTON, NJ 08609
  • $375,000
  • STATUS: Pending
  • ON SITE: 55 Days
  • ID#: NJME2038328
Pending
UPDATED: 61 min ago
$375,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,038
    SQFT
  • $184
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

School District:

Description

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.

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©2024 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 Holloway Real Estate 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: 2024-03-04T21:51:24.533.
www.njhousehunter.com/homes/146470295
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1237 E State Street TRENTON, NJ 08609

  • Price: $375,000
  • Status: Pending
  • On Site: 55 Days
  • Updated: 61 min ago
  • ID#: NJME2038328
0
Beds
0
Baths
0
½ Baths
0.05
Acres
2,038
SQFT
$184
$/SQFT
1950
Built
Neighborhood:
Trenton City (21111)
County:
Mercer
Area:
Trenton City (21111)
School District:
Trenton Public Schools
Property Description
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.
Exterior Features

Architectural Style Colonial Construction Materials Brick Garage YN No Location Type Corner Lot/Unit Parking Features Public 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 2038 Cooling Wall Unit Heating Radiator Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Acceptable Financing Conventional Accessibility Features Other Assessment Year 2022 Central Air YN No Cooling Fuel None Cross Street NOT KNOWN Existing Lease Type Yearly Foundation Details Concrete Perimeter Gross Income 46200.00 Heating Fuel None Hot Water Natural Gas Municipality TRENTON CITY Navigable Water YN N Net Operating Income 14458.00 New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Operating Expense Includes Snow RemovalInsurance Original MLSNumber 802798645882 Owner Pays Advertising/Licenses and PermitsManagementSewerTaxes - Real EstateRepairs Ownership Interest Fee Simple Possession Immediate Property Sub Type Quadruplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type End of Row/Townhouse Tax Annual Amount 7750.00 Tax Assessment Amount 142000.00 Tax Lot 00004 Total Actual Rent 46200.00 Vacation Rental YN No Water Source Public Zoning INSTI

Listing courtesy of BHHS Fox & Roach - Princeton: .


©2024 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 Holloway Real Estate 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: 2024-03-04T21:51:24.533.
 
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Holloway Real Estate Group | eXp Realty
102 Centre Blvd. Suite J
Marlton NJ, 08053