1116 W STATE ST Coming Soon Save Request In-Person Tour Request Virtual Tour
Trenton,NJ 08618
Key Details
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,278 sqft
Price per Sqft $208
Subdivision Cadwalader Heights
MLS Listing ID NJME2064034
Style Colonial
Abv Grd Liv Area 2,278
Year Built 1912
Available Date 2025-08-18
Annual Tax Amount $8,016
Tax Year 2024
Lot Size 3,955 Sqft
Acres 0.09
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
Immediate investment opportunity for a highly-profitable, income producing, multi-family residential property in the historic capital city of Trenton. This three-apartment home is conveniently located close to an exit off of Route 29, shopping plazas, and the Delaware River. Tenants enjoy access to beautiful parks and tennis courts within a 5-minute walk, along with a common back yard. Each apartment conveniently has separate meters for utilities, and tenants have been responsible to pay their own heating, gas and electric utility bills. The ground-floor apartment has two bedrooms, each with an individual full bathroom, along with a Living room and dine-in kitchen. The second floor apartment offers two-bedrooms, each with an individual full bathroom, in addition to living room and dine-in kitchen. On the top floor is the third apartment, featuring one bedroom, one bathroom, and a dine-in kitchen area. The conservative rent potential for this multi-family property is $4,600 a month ($1,705for first-floor and $1,700 second-floor unit, and probable $1200 for the top-floor which is empty. Due to local housing needs and recent economic events, higher rents may be possible.
Location
State NJ
County Mercer
Area Trenton City (21111)
Zoning RES
Rooms
Basement Full
Interior
Interior Features Built-Ins,Crown Moldings,Kitchen - Eat-In,Bathroom - Tub Shower,Combination Kitchen/Dining,Wood Floors
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Wall Unit
Flooring Hardwood
Inclusions All Appliances in all 3 units. Security system cameras motion lighting
Equipment ENERGY STAR Refrigerator,Oven - Self Cleaning
Fireplace N
Window Features Bay/Bow,Wood Frame
Appliance ENERGY STAR Refrigerator,Oven - Self Cleaning
Heat Source Natural Gas
Exterior
Exterior Feature Porch(es)
Water Access N
Accessibility None
Porch Porch(es)
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade,Below Grade
Structure Type 9'+ Ceilings
New Construction N
Schools
School District Trenton Public Schools
Others
Tax ID 11-32403-00007
Ownership Fee Simple
SqFt Source Estimated
Security Features Motion Detectors,Exterior Cameras,Carbon Monoxide Detector(s)
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard