$375,000
Pending
52 Days Online
0 Beds0 Baths2,038 SQFT
Pending

1237 E State Street Trenton, NJ 08609

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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 TypeMulti-Family
  • NeighborhoodN/A
  • CountyMercer
  • Taxes$7,750
  • HOA/Condo/Coop Fees$0
  • Days on Site51 Days
  • MLS StatusPending
  • MLS ID NumberNJME2038328
  • Home Size Source Estimated
  • Year Built1950
  • Lot Size0.05 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Colonial
  • Construction Brick
  • Parking PublicOn Street
  • Sewer Public Sewer
  • Acreage 0.05
  • Water Public
  • Cross Street NOT KNOWN
  • Property Sub Type Quadruplex
  • Attached Garage No
  • Foundation Concrete Perimeter
  • Zoning INSTI

Interior Features

  • Cooling Wall Unit
  • Heating Radiator

Exterior Features

  • Spa No
  • Waterfront Property No

Community Features

  • MLS Area Trenton City (21111)

Schools

School District
TRENTON PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$2,000
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