$80,000
$99,000
19.2%For more information regarding the value of a property, please contact us for a free consultation.
5,037 SqFt
SOLD DATE : 09/09/2016
Key Details
Sold Price $80,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 5,037 sqft
Price per Sqft $15
Subdivision None Available
MLS Listing ID 1003887597
Sold Date 09/09/16
Style Other
HOA Y/N N
Abv Grd Liv Area 5,037
Originating Board TREND
Year Built 1955
Annual Tax Amount $8,112
Tax Year 2016
Lot Size 2,500 Sqft
Acres 0.06
Lot Dimensions 25X100
Property Description
Investor Special. This is a rare opportunity for a serious investor to purchase a small apartment building. These deals don`t come along very often. Located in the downtown section of the City near many State and County offices. Currently a 5 unit property that was previously a 6 unit. The first floor apartment was converted into a common area for residence of the building. The living room was changed into a laundry room with hookup for 5 washers and dryers. The bedroom was changed into a gym. The equipment is still in place. This unit can easily be converted back into the 6th apartment for additional rental income. This is a very impressive 3 story brick building . The outside appears to be in great shape. The interior was completely renovated a few years ago. Unfortunately when the bank foreclosed the property was neglected and the pipes burst. While the interior damage is extensive, it is mostly cosmetic. This is a serious investment opportunity for a serious investor!
Location
State NJ
County Mercer
Area Trenton City (21111)
Zoning HIST
Rooms
Other Rooms Master Bedroom
Basement Full
Interior
Hot Water Natural Gas
Heating Gas
Cooling None
Fireplace N
Heat Source Natural Gas
Laundry None
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District Trenton Public Schools
Others
Tax ID 11-00604-00018
Ownership Fee Simple
Special Listing Condition REO (Real Estate Owned)
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Bought with Joseph D Baylis • Weichert Realtors-East Windsor
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "