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703 E State Street

TRENTON, NJ 08609
  • $385,000
  • STATUS: Active
  • ON SITE: 33 Days
  • ID#: NJME2024236
$385,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,400
    SQFT
  • $160
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1879
County:

School Ratings & Info

School District:

Description

Investment opportunity. Well maintained building, repairs and renovations are done.. This building consists of 3 Studio apartments, one one bedroom unit, and an office space with a separate bathroom. All residential units are rented an are up to date. The office is currently listed for lease. This building has positive cash flow even without the office. Turnkey business. All inspections passed and CO issued within the last year. 1%+ price to rent ratio.

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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 The Charles Graef Home Selling Team | REMAX Associates. 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: 2022-12-06T23:50:18.16.
www.searchalldelawarerealestate.com/homes/134527823
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703 E State Street TRENTON, NJ 08609

  • Price: $385,000
  • Status: Active
  • On Site: 33 Days
  • ID#: NJME2024236
0
Beds
0
Baths
0
½ Baths
0.03
Acres
2,400
SQFT
$160
$/SQFT
1879
Built
Neighborhood:
Trenton City (21111)
County:
Mercer
Area:
Trenton City (21111)
School District:
Trenton Public Schools
Property Description
Investment opportunity. Well maintained building, repairs and renovations are done.. This building consists of 3 Studio apartments, one one bedroom unit, and an office space with a separate bathroom. All residential units are rented an are up to date. The office is currently listed for lease. This building has positive cash flow even without the office. Turnkey business. All inspections passed and CO issued within the last year. 1%+ price to rent ratio.
Exterior Features

Architectural Style Other Construction Materials Brick Garage YN No Other Structures Above GradeBelow Grade Parking Types Attached Carport Pool No Pool Property Condition Very Good 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 2400 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Exclusions Tenants' Belongings Fireplace YN No Fireplaces Total 0 Heating Baseboard - Electric Heating YN Yes Inclusions Appliances Security Features Smoke DetectorSurveillance SysWindow Grills Single Room Units 4 Spa YN No Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Acceptable Financing CashConventionalPrivate Accessibility Features None Assessment Year 2021 Central Air YN No Cooling Fuel None Foundation Details Other Heating Fuel Electric Hot Water Electric Municipality Trenton City Navigable Water YN N New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Original MLSNumber 801992236064 Ownership Interest Fee Simple Possession Immediate Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 10617.00 Tax Assessment Amount 191200.00 Tax Lot 00019 Total Actual Rent 48000.00 Vacation Rental YN No Water Source Public Zoning Zoning

Listing courtesy of Gambourg Properties Inc: .


©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 The Charles Graef Home Selling Team | REMAX Associates. 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: 2022-12-06T23:50:18.16.
 
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