1114 Stuyvesant Ave, Trenton, NJ 08618

Property Description

Rare investment opportunity to acquire a stabilized five-unit multi-family asset located directly across from the historic Cadwalader Park. The 100-acre park serves as a premier neighborhood anchor, providing residents with immediate access to scenic trails and landscaped green space. The well-maintained building features units that have been updated to blend modern finishes with classic architectural character. PREMIUM INFRASTRUCTURE: This property offers a significant competitive edge with a private driveway leading to an on-site garages and additional parking, providing highly sought-after off-street parking. Additionally, the building includes an expansive, tall-ceiling basement that offers massive storage capacity, mechanical access, or the potential for future creative conversion and ancillary income. INVESTMENT POTENTIAL: With a history of consistent occupancy, the property provides immediate stability. Current rents offer a solid foundation with significant upside potential based on market trends in this established park-side neighborhood. This asset is ideally positioned for a 1031 exchange or a portfolio expansion. LOCATION & ACCESS: Situated for maximum convenience, the property is located near the Trenton Transit Center with service to New Jersey Transit and Amtrak, and offers rapid access to Routes 1, 29, and I-295. SHOWING INSTRUCTIONS: For the privacy of the residents, please do not approach the property or disturb occupants; exterior security cameras are in place. Showings are available only upon acceptance of a Letter of Intent (LOI) accompanied by proof of funds or mortgage pre-approval.