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James Flanagan

[email protected] +1(908) 783-8682

Listed by Carol Terrell • Keller Williams - Main Street

$ 215,000

Est. payment -/mo

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New

962 MARTIN LUTHER KING BLVD Trenton, NJ 08638

3 Beds

1 Bath

1,002 SqFt

UPDATED:

Key Details

Property Type Townhouse

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,002 sqft

Price per Sqft $214

Subdivision None Available

MLS Listing ID NJME2080090

Style Colonial

Bedrooms 3

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 1,002

Year Built 1896

Annual Tax Amount $2,167

Tax Year 2025

Lot Size 1,600 Sqft

Acres 0.04

Lot Dimensions 16.00 x 100.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Adult Community No

Property Description

Investor Alert! Strong cap rate and annual return opportunity here. This 2 bedroom 1 bathroom with a tenant already in place and generating solid rental income. The property is producing an annual NOI of approximately $22,400 making it an attractive addition to an investment portfolio. Bring your finishing touches and unlock even more potential. With routine upkeep. This income-producing rental is positioned to help you generate consistent monthly cash flow. This property is being sold as part of a larger portfolio with multiple locations throughout New Jersey. Buyers may be eligible for a discount when purchasing more than one property or acquiring the portfolio as a package deal. The seller can also offer creative financing options, including the potential to take over the existing mortgage on these properties. Ask about it before or after your tour. This unit is located in a ever increasing , convenient area near local parks, eateries, and entertainment to enjoy from Philadelphia and New Jersey, This rental offers both investment appeal and stable long-term tenants that need housing. The seller is selling AS IS. All units are up to date with TWP CO's and housing where necessary. Seller would like the buyer to use his title company to purchase. Buyer responsible for their own Due Diligence before purchase. Don't miss this opportunity—schedule your showing today!

Location

State NJ

County Mercer

Area Trenton City (21111)

Zoning RES

Rooms

Other Rooms Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1

Basement Full, Unfinished

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling None

Inclusions All Appliances and Fixtures are being transferred in their AS IS Condition.

Fireplace N

Heat Source Natural Gas

Laundry Basement

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 2

Foundation Brick/Mortar

Above Ground Finished SqFt 1002

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Trenton Public Schools

Others

Senior Community No

Tax ID 11-08808-00057

Ownership Fee Simple

SqFt Source 1002

Acceptable Financing Conventional, FHA 203(b), Cash, Seller Financing, Negotiable

Listing Terms Conventional, FHA 203(b), Cash, Seller Financing, Negotiable

Financing Conventional,FHA 203(b),Cash,Seller Financing,Negotiable

Special Listing Condition Standard

NEARBY SCHOOLS & PROPERTIES

James Flanagan

Broker

+1(908) 783-8682

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Toms River, NJ

James Flanagan

962 MARTIN LUTHER KING BLVD Trenton, NJ 08638

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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962 MARTIN LUTHER KING BLVD

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