$425,000
SOLD APR 30, 2025
-- Bed
-- Bath
2,520 Sq Ft
7,675 Sq Ft Lot

Recently Sold

$169 Per Sq Ft

7% Below List Price

52 Days on Market

Highlights

  • 0.18 Acre Lot
  • 3 Car Attached Garage
  • Property is in very good condition
  • Traditional Architecture
  • Forced Air Heating System

About This Home

As of April 2025

**Multiple Offers Received - Highest and Best Offers Due by Tuesday, 2/25/2025**Seize this incredible opportunity to own a 3 fully rented, income-producing properties in the heart of Trenton, NJ! These cash-flowing properties features three spacious properties, each offering 2 bedrooms, 1 bathroom, and a finished attic, providing extra living space. House 1 is renting for $1,560/month, House 2 is renting for $1,900/month, House 3 is renting for $2,000/month, and all 3 garages are rented at $100 each per month. These properties are a perfect addition to any investor’s portfolio. With all units already leased, buyers can step into immediate cash flow without the hassle of finding tenants. Sold as-is, this is a fantastic chance to invest in a high-demand rental market without upfront renovations. Whether you're looking for passive income or long-term equity growth, these high-yielding rental properties is a must-see!

Last Agent to Sell the Property

John Spellman

Vylla Home Listed on: 02/13/2025

Vylla Home

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,042

Year Built

  • Built in 1887

Lot Details

  • 7,675 Sq Ft Lot
  • Lot Dimensions are 93.60 x 82.00
  • Property is in very good condition

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Home Design

  • 2,520 Sq Ft Home
  • Triplex
  • Traditional Architecture
  • Brick Foundation
  • Frame Construction

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • Income includes apartment rentals

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 11-10901-00008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,042

Year Built

Built in 1887

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants Belongings
  • New Construction: No
  • Year Built: 1887
  • Automatically Close On Close Date: No
  • Remarks Public: **Multiple Offers Received - Highest and Best Offers Due by Tuesday, 2/25/2025** Seize this incredible opportunity to own a 3 fully rented, income-producing properties in the heart of Trenton, NJ! These cash-flowing properties features three spacious properties, each offering 2 bedrooms, 1 bathroom, and a finished attic, providing extra living space. House 1 is renting for $1,560/month, House 2 is renting for $1,900/month, House 3 is renting for $2,000/month, and all 3 garages are rented at $100 each per month. These properties are a perfect addition to any investor’s portfolio. With all units already leased, buyers can step into immediate cash flow without the hassle of finding tenants. Sold as-is, this is a fantastic chance to invest in a high-demand rental market without upfront renovations. Whether you're looking for passive income or long-term equity growth, these high-yielding rental properties is a must-see!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2520
  • Living Area Sq Ft: 2520
  • Price Per Sq Ft: 180.56
  • Above Grade Finished Sq Ft: 2520
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 128

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: TRENTON PUBLIC SCHOOLS
  • School District Key: 300200396606
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 93.60 x 82.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7675.00
  • Property Condition: Very Good
  • Year Assessed: 2024
  • Zoning: RB

Rental Info

  • Total Actual Rent: 5760.00
  • Units Furnished: All
  • Units Leased Count: 3
  • Vacation Rental: No

Multi Family

  • Income Includes: Apartment Rentals

Tax Info

  • Tax Annual Amount: 7042.00
  • Assessor Parcel Number: 11-10901-00008
  • Tax Lot: 00008
  • Tax Total Finished Sq Ft: 2520
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 04/30/2025

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $425,000 -6.6% $169 / Sq Ft
04/06/2025 04/06/25 Pending -- -- --
04/06/2025 04/06/25 Price Changed $455,000 0.0% $181 / Sq Ft
04/06/2025 04/06/25 For Sale $455,000 0.0% $181 / Sq Ft
02/13/2025 02/13/25 For Sale $455,000 -- $181 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2054508

Bright MLS