542 E State St, Trenton, NJ 08609

$345,000

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List Price
$345,000
Days on Market
120
Status
ACTIVE
MLS#
NJME2074278
Year Built
1920
County
Mercer
School District
Trenton Public Schools

Property Description

5-unit apartment building located a block from the Trenton Transit Center. Minor upgrades have been made in the past year including a new roof, upgraded heating system and unit renovations. The building has a current green card. This neighborhood is well served by Route 1 access and a very short walk to the Trenton Transit Center. There is a significant value-add opportunity from rent growth in this portfolio – the current rents are below market and as the neighborhood improves, rents will rise.

Additional Information

Area
Trenton City (21111)
Subdivision
None Available
Taxes
$7541
School District
Trenton Public Schools
Heating
Baseboard - Hot Water
Heating Fuel
Natural Gas
Cooling
None
Utilities
Electric Available, Sewer Available, Water Available
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Pott Real Estate, LLC. Contact: (609) 793-9639