$375,000

Pending

1237 E STATE STREET

Trenton, NJ 08609

2038 sqft | 0.05 acres | #NJME2038328

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Listing OfficeBHHS Fox & Roach - Princeton

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Type:Multi-Family

Structure:4 Family

Zone:Residential

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.

Property Details
- - FoundationConcrete Perimeter
  - Sewer InformationPublic Sewer
  - MLS #NJME2038328
  - MLS #NJME2038328
  - Property TypeInvestment
  - Property SubtypeQuadruplex
  - Utility SourcePublic
  - Taxes Annual$7,750
  - Cost375000
  - Acres0.05
  - Square Feet2038
  - Year Built1950
  - Buying Agency Compensation2

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© 2022 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is 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.

Last Updated: Today at 1:58 PM. Source: BRIGHT

Listing Courtesy
Listing Agent: Timothy Christopher Crew (#3323726)
Listing Office: BHHS Fox & Roach - Princeton (#61057)

Tom Governale | Keller WilliamsReal Estate Group

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment

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Monmouth Ocean Regional MLS

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