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Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,772 sqft
Price per Sqft $180
Subdivision Canal Pointe
MLS Listing ID NJME2033458
Sold Date 10/02/23
Style Converted Dwelling
Abv Grd Liv Area 2,772
Originating Board BRIGHT
Year Built 1892
Annual Tax Amount $3,138
Tax Year 2022
Lot Size 3,598 Sqft
Acres 0.08
Lot Dimensions 30.00 x 120.00
Property Description
Welcome to an exceptional investment opportunity! This recently renovated 4-family building has undergone extensive repairs and improvements, ensuring it is in pristine condition for potential buyers. The building comprises 4 units: 2 one-bedroom units, 1 two-bedroom unit, and 1 three-bedroom duplex.
Currently, all residential units are vacant, allowing you the flexibility to choose tenants as you see fit. Even thought there is no appliances in the images they will be placed prior to closing. Additionally, all appliances will be included in the sale. Rest assured, all necessary inspections have been successfully completed, and each unit has been granted a Certificate of Occupancy for rental purposes.
Furthermore, the property is eligible for a 5-year tax abatement, with the exact additional assessment amount to be determined by the tax collector. Don't miss out on this rare chance to own a prime piece of real estate with immense potential for growth and profitability!
Location
State NJ
County Mercer
Area Trenton City (21111)
Zoning R
Rooms
Basement Full, Unfinished
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Flooring Wood, Vinyl
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Permanent
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Trenton Public Schools
Others
Tax ID 11-02503-00002
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Carleton Badger • EXP Realty, LLC