Here is a great investment opportunity! Detached home with two 3 bedroom units up and down. The upstairs unit features two full baths, is currently vacant and ready for a new tenant or owner occupant. The downstairs unit has 1 full bath and is currently rented. Large open garage parking space in the back. Being conveyed in as-is condition with the Buyer responsible for certifications including the Certificate of Occupancy.
Professional Photos coming soon! Wonderful 6 unit multi family in a great section of Trenton! 5 of the units are rented monthly . Each unit is reasonably updated. Don't miss this opportunity to add to your investment portfolio! Call me to see the property access to the units is very limited.
Duplex with separate utilities with a one-bedroom unit and a two-bedroom unit. One bedroom has access to the basement and the 2-bedroom unit has access to fully finished attic. Updated roof, furnace, hot water heater, electric and plumbing. Tenants are month-to-month and property will be delivered vacant. Being sold as-is, buyer responsible for all inspections and repairs. This property presents a great opportunity for investment or personal use. Don't miss out!
Unit 1 2 Bed, 1 Bath Lease until December Current Rent: $1,400/month Potential Rent: $1,800/month Appointment only after 5pm M-F Unit 2 4 Bed, 1 Bath Vacant â Ready to Rent! Potential Rent: $2,200/month Great for investors or owner-occupants! Live in one unit and rent the other for income. Recently updated and well-maintained, this property has strong rental potential in a desirable area. This duplex offers two distinct living spaces: a cozy 2-bedroom unit on the first floor, currently occupied, and a spacious 4-bedroom unit on the second floor, which will be delivered vacant at closing. Both units feature modern kitchens and bathrooms, with recent upgrades ensuring contemporary living spaces that require no immediate repairs or renovations. With separate utilities for each unit, managing the property is simplified, and tenants enjoy enhanced privacy. Located conveniently near public transportation and city amenities, the property is an attractive option for renters, ensuring steady occupancy. For added peace of mind, the seller is offering an American Home Shield Warranty and a clear Certificate of Occupancy with an acceptable offer. Whether you're looking to live in one unit and rent the other to offset living costs or seeking a solid investment with income potential, this property provides flexibility and growth opportunities. Property being sold as is.
5 bedroom home $1,400.00 on a month-to-month lease and 1 commercial space $1,350.00 on a 10-year lease with 8 more to go.
Here is another one for all serious investors in the Greater Trenton area, seeking serious Cash Flow. This property is an outstanding Cash producer; it generates nearly $3,000.00 per month in Cash Flow, and being in the pristine condition its in, it could -easy increase cash flow to $3,500.00 per month, due to the size of the apartments. Seller is presenting to the market a large 2 unit structure; its a Turn Key opportunity, and it is in splendid condition. It has 2 long term paying, happy tenants. Property is close to Downtown Trenton , Shopping Centers, Transportation Hubs, and Major Highways in the area. At this magnificent -discounted selling price, it will not last long. property is Priced to Sell Quickly. Bring your buyers, and present those offer, Agents. Seller is waiting and listening for the right - Selling Price.
Attention investors! I have an incredible new opportunity that's perfect for growing your portfolio. This listing is a fully rented 4-unit property located in a prime area of New Jersey, All units currently rented, this property is already generating steady income, making it an ideal addition for any savvy investor. Each unit offers comfortable living spaces and is well-maintained, ensuring tenant satisfaction and minimizing vacancy risk. Don't miss out on this fantastic investment opportunity.
Attention investors! I have an incredible new opportunity that's perfect for growing your portfolio. This listing is a fully rented 4-unit property located in a prime area, All units currently rented, this property is already generating steady income, making it an ideal addition for any savvy investor. Each unit offers comfortable living spaces and is well-maintained, ensuring tenant satisfaction and minimizing vacancy risk. Don't miss out on this fantastic investment opportunity. Let's secure your future with this property.
New Price! 189 Pennington Avenue presents a compelling investment opportunity with significant upside potential through strategic management and market repositioning. This mixed-use property comprises residential and commercial units, offering a balanced and diversified income stream. First floor unit approximately 500 sq ft, 1 bedroom 1 bathroom. Renting at $1,225/mo. Second Floor Unit, 3 bedrooms including finished attic. Approximately 1,500 sq. ft. renting at $1,160/mo. which is significantly below market value with older couple currently staying there for 10+ years. Market rent is $1,800 for 3 bedroom. The commercial unit, currently operating as a hair salon, is rented at $850/month, also below market value of $1,000/mo. There is an opportunity to negotiate future lease agreements in line with market escalations, potentially increasing income by 20-25%. The property's gross annual rental income potential, if all units are rented at current rates, is $38,820. However, with adjustments to market rent rates, the projected annual income could rise to $48,300. Recent renovations and market adjustments enhance operational efficiency, providing a strategic advantage for increased net operating income (NOI). The mixed-use nature of the property reduces vacancy risks and enhances overall financial stability, making it an attractive option for real estate investors. In a revitalizing area, 189 Pennington Avenue offers promising growth in rental income and property value, making it a lucrative investment opportunity. Should you need assistance finding a mixed use loan the current owner is happy to assist.
Investor Special - Cap Rate is 12.5- This unit must be sold with 1418 W State St. Unit 1: Rent : $1155.00 SD: $1605.00 ( Section 8 ) (Terms Aug 31, 2024 ) Unit 2: Rent: $1700.00 SD: $2550.00 ( Section 8 ) (Terms April 2, 2025 ) Unit 3: Rent: $1350.00 SD: $2025.00 ( Terms April 14,2025 ) UNIT # 2 and Unit #3 were just redone.Landlord Pays: Water and Sewer : Averages $280.00 every 3 months PSEG House Meter: Monthly $8.62
Investors Wanted- Cap Rate is 11.6. - This must be sold with 1420 W State St. Unit 1: Rent: $1350.00 SD: $1750.00 ( Lease month to month ) Unit 2: Rent: $1036.00 SD: $1500.00 Supportive Housing ( Terms February 28,2025 ) Unit 3: Rent: $1200.00 SD: $1800.00 Oaks Care ( Terms December 31, 2024 ) Unit # 3 was just freshened up, Unit #2 Freshened a year or so ago Landlord Pays: Water and Sewer: Averages $310.00 every 3 months PSEG House Meter : Monthly $4.86
The median home value in Trenton, NJ is $252,500. This is lower than the county median home value of $344,600. The national median home value is $338,100. The average price of homes sold in Trenton, NJ is $252,500. Approximately 33.13% of Trenton homes are owned, compared to 53.16% rented, while 13.71% are vacant. Trenton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Trenton real estate agent to arrange a tour today!
Trenton, New Jersey 08618 has a population of 90,097. Trenton 08618 is less family-centric than the surrounding county with 28.82% of the households containing married families with children. The county average for households married with children is 32.83%.
The median household income in Trenton, New Jersey 08618 is $39,718. The median household income for the surrounding county is $85,687 compared to the national median of $69,021. The median age of people living in Trenton 08618 is 36.1 years.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 47.5 inches per year, with 19.9 inches of snow per year.