327 Rutherford Ave, Trenton, NJ 08618

$300,000
1,480
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$300,000
Price Change
▼ $29,000 1781894999
Days on Market
63
Status
ACTIVE
MLS#
NJME2078802
Living Area
1,480
Lot Size (Acres)
0.08
Style
A-Frame
Year Built
1900
County
Mercer
School District
Trenton Public Schools

Property Description

Savvy investors, here is your next portfolio anchor. 327 Rutherford Ave is a fully remodeled duplex optimized for strong returns from day one. Delivered vacant, this asset eliminates the headache of inherited under-market tenants or messy evictions. Close, screen your own tenants, and command top-of-market rental rates immediately. Unit 1 - First Floor- 2 BR / 1 BA, High-efficiency layout featuring a full kitchen and open living area. Perfect for maximizing per-square-foot rental yield.Unit 2 is a 2 BR / 1 BA, Premium multi-bedroom unit. This property was renovated with a low-overhead, high-net-operating-income (NOI) strategy in mind. True Separate Utilities. All gas and electric are completely split. Tenants will pay their own operational utilities, directly lowering your landlord expense ratios. No shared water-heating costs, Fully remodeled top to bottom with durable modern flooring, updated kitchens, and fresh bathrooms. Your capital goes into equity, not property repairs. Control the lease terms and tenant underwriting from closing day. Section 8 / Affordable Housing Potential. Excellent configuration for voucher programs in Mercer County. Brand-new mechanicals and finishes mean minimal maintenance calls and a highly predictable expense line. This property will not last long so place your offers ASAP!

Additional Information

Area
Trenton City (21111)
School District
Trenton Public Schools
Flooring
Vinyl
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Utilities
Natural Gas Available
Water
Public
Sewer
No Septic System

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of NJ Capital Realty LLC. Contact: 6093941114