346 WALNUT AVE new to site Save Request In-Person Tour Request Virtual Tour
Trenton,NJ 08609
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,176 sqft
Price per Sqft $101
MLS Listing ID NJME2067060
Style Other
Year Built 1920
Annual Tax Amount $2,047
Tax Year 2024
Property Sub-Type Detached
Property Description
Welcome to 346 Walnut Ave, a promising duplex offering strong projected returns in one of Trenton's up-and-coming neighborhoods. While it is not currently cash flowing, this property has the potential to generate $3,400–$3,600 per month in rental income—making it a great opportunity for investors seeking a solid cash-on-cash return. With very low annual property taxes of just $2,048, holding costs are minimal, helping to maximize long-term profitability. Each unit features its own separate living space, providing flexibility and appeal to future tenants. Conveniently located near local shops, schools, and public transportation, this duplex is a smart addition to any growing portfolio.
Location
State NJ
County Mercer
Area Trenton City (21111)
Zoning MULTI
Interior
Hot Water Other
Heating Other
Cooling Other
Inclusions AS-IS
Exterior
Water Access N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Trenton Public Schools
Others
Acceptable Financing Other,Private,Cash,Conventional
Listing Terms Other,Private,Cash,Conventional
Special Listing Condition Third Party Approval