738 State Street,  Trenton NJ, 08618

(Active)
$325,900
|
|
MLS# 7025641
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Last Updated: 8/19/2017 7:56 AM
Description for 738 State Street Trenton, NJ 08618
Rarely do these opportunities come available. This property is fully occupied 13 tenant rooming house and a two car garage (currently used by the owner). It has 3 completely renovated bathrooms and NO kitchen. This property is a cash cow and has produced consistently for the current owner. Property has been maintained and kept up. Rent roll to be provided upon request, average room rents for $525. per month. The annual expense are $18,000. per year. Here are the annual expenses. Water and Sewer bill is $1,200. PSE&G for gas, heat and electric are $9,000. Insurance is $6,800. Annual maintenance is approximately $1,500. Regulatory fees (inspections, registration, etc.)are $1,000. per year. Property is convenient to the bus line. This cash cow is producing over $3,000. net income.
Price
$325,900
Berkeley Square
MERCER
7025641
Active
Description
Rarely do these opportunities come available. This property is fully occupied 13 tenant rooming house and a two car garage (currently used by the owner). It has 3 completely renovated bathrooms and NO kitchen. This property is a cash cow and has produced consistently for the current owner. Property has been maintained and kept up. Rent roll to be provided upon request, average room rents for $525. per month. The annual expense are $18,000. per year. Here are the annual expenses. Water and Sewer bill is $1,200. PSE&G for gas, heat and electric are $9,000. Insurance is $6,800. Annual maintenance is approximately $1,500. Regulatory fees (inspections, registration, etc.)are $1,000. per year. Property is convenient to the bus line. This cash cow is producing over $3,000. net income.
Listing Information
Property Type: General Commercial, Other
0.15 Acres 3O $118.42
1910
Berkeley Square
Stone
In
Sewer Connected
Electric, Telephone, Cable TV
13 Total
Neighborhood
School Information
District: Trenton
Room Information
Interior Features
Carpet
3
Exterior / Lot Features
Wood
None
37X178
RESID
Urban, Public Transport, Municipal Road
Driving Directions
Parkside Avenue to West State Street
Financial Considerations
$9,989
2017
Listing Price History

Trenton Real Estate

Trenton is located in New Jersey. Trenton, New Jersey 08618 has a population of 84,225.

The median household income in Trenton, New Jersey 08618 is $35,647. The median household income for the surrounding county is $74,118 compared to the national median of $53,482. The median age of people living in Trenton 08618 is 33.5 years.

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Courtesy: Keller Williams Real Estate-Princeton
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
Information is deemed reliable but is not guaranteed.

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