Address
713 W State Street # 5, Trenton, NJ
Price
$ 339,900
Property Attributes
- MLS#NJME2025570
- TypeCommercial
- CountyMERCER
- CityTrenton
- AreaTrenton City
- Zip08618
- Style
- Year Built1896
- Taxes$ 5561
- Price$ 339,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3358
- Lot Size3,485 SqFt
Data Source:
Bright MLS
Property Description
Returning to the market after prep for tenant turnover with increased GOI. Investment Opportunity! Contact Listing Agent for details. 713 West State Street includes 5 apartments, a one-bedroom and four efficiency units, rented for 1F@ $975 1R@ $925, 2F@ $895, 2R@ $910, 3F@ $830. Heat and hot water included. Excellent payment performance. Property tour available only after and subject to offer and acceptance. Tenant Occupied. Sold As Is. Buyer is responsible for CO however the building is in good condition. Excellent building, excellent location.
| Price History | |
|---|---|
| 11/28/2023 | Listed $370,000 |
| 3/15/2024 | 3% - $359,900 |
| 3/29/2024 | 6% - $339,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard - Hot Water |
| Cooling | Window Unit(s) |
| Possession | 0-30 Days CD |
| Zoning | RESIDENTIAL |
| Construction Materials | Brick |
| Exclusions | Tenants personal property |
| Year Built | 1896 |
| Unit Number | 5 |
| Property SubType | Five Or More Units |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Gross Income | 54420.00 |
| OwnerPays | Heat,Sewer,Water |
| Business Type | Other |
| Accessibility | None |
| County | MERCER |
| Net Operating Income | 32250.00 |
| Operating Expense | 15210.00 |
| Insurance Expense | 1523.00 |
| New Construction | No |
| Property Type | Commercial Sale |
| MaintenanceExpense | 1308.00 |
| Water Access Y/N | No |
| Property Use | Investment |
| Status | ACTIVE |
| Directions | 713 West State Street |
| ModificationTimestamp | 2024-04-17T13:39:53 |
| City | TRENTON |
| Buyer Agent Compensation | 2.5 |
| Total Units | 5 |
| MLS Area | Trenton City (21111) |
| Lot Size Square Feet | 3358.00 |
| Tax Assessed Value | 99900.0 |
| Waterfront Y/N | No |
| Street Name | STATE |
| Tax Annual Amount | 5561.0 |
| Acceptable Financing | Cash,Conventional,Negotiable |
| Vacation Rental Y/N | No |
| Days on Market | 428 |
| Location Type | Urban |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 00030 |
| Total Actual Rent | 47460.00 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | No |
| Total Restrooms | 5 |
Exterior Features
| Water Source | Public |
|---|---|
| Inclusions | Existing Appliances and Fixtures |
| Type of Parking | On Street |
| Water View Y/N | No |
| Building Area Total | 0.00 |
| Lot Dimensions | 21.00 x 160.00 |
| Lot Size Acres | 0.08 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 7200.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 08618
Price
Taxes
Visits
Year Built
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