GREAT INVESTMENT OPPORTUNITY!!!!!!! If you are looking to start or add to your investment portfolio, this 3 STORY MIXed-USE COMMERCIAL BRICK is a great fit for you. This large multi-unit building houses 1- Storefront unit and 5 spacious apartments: 4 - 3BR and 1- 2BR! Property is ready for construction with plans and permit submission packet all prepared and waiting for you to submit to start construction. Owner has also SECURED Tax Reassessment massively reducing property tax!!! Annual Gross Rental Income currently assessed at approx. $84,500 after building completion! Property recently appraised for over 500K!! Property also has OPPORTUNITY to INCREASE EARNING POTENTIAL by adding additional 2BR Apt inside building. Don't miss out on the chance to get in on this dynamite investment opportunity at such a great price!
Off market
Street View
$465,800
1148 E State St, Trenton, NJ 08609
3beds
7,524sqft
SingleFamily
Built in 1865
-- sqft lot
$465,800 Zestimate®
$62/sqft
$3,350 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Gas
Cooling
- None
Features
- Kitchen - Eat-In
Interior area
- Total interior livable area: 7,524 sqft
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
Condition
- Year built: 1865
Community & neighborhood
Location
- Region: Trenton
Other
Other facts
- Construction Materials: Brick
- Bathrooms Half: 0
- Property Type: Residential
- Ownership Interest: Fee Simple
- Parking Features: Street
- Structure Type: Detached
- Bathrooms Full: 5
- Architectural Style: Other
- Interior Features: Kitchen - Eat-In
- Tax Lot: 00001
- Tax Annual Amount: 10723.0
- Above Grade Fin SQFT: 7524
- Standard Status: Active
- Pool: No Pool
- Total SQFT Source: Assessor
- Type of Parking: On Street