NOT LISTED FOR SALE
-- Bed
-- Bath
5,037 Sq Ft
2,500 Sq Ft Lot

Last Sold September 09, 2016

Last sale price $80,000 $16 Per Sq Ft

10 Days on Market

Highlights

  • No HOA
  • Heating System Uses Gas
  • 4-minute walk to Roberto Clemente Park
  • En-Suite Primary Bedroom

About This Home

As of September 2016

Investor Special. This is a rare opportunity for a serious investor to purchase a small apartment building. These deals don`t come along very often. Located in the downtown section of the City near many State and County offices. Currently a 5 unit property that was previously a 6 unit. The first floor apartment was converted into a common area for residence of the building. The living room was changed into a laundry room with hookup for 5 washers and dryers. The bedroom was changed into a gym. The equipment is still in place. This unit can easily be converted back into the 6th apartment for additional rental income. This is a very impressive 3 story brick building . The outside appears to be in great shape. The interior was completely renovated a few years ago. Unfortunately when the bank foreclosed the property was neglected and the pipes burst. While the interior damage is extensive, it is mostly cosmetic. This is a serious investment opportunity for a serious investor!

Last Agent to Sell the Property

Joseph Baylis

Weichert Realtors-Princeton Junction License #NJ-8439869 Listed on: 07/29/2016

Weichert Realtors-Princeton Junction

Last Buyer's Agent

Joseph Baylis

Weichert Realtors-Princeton Junction License #NJ-8439869 Listed on: 07/29/2016

Weichert Realtors-Princeton Junction

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 5,037 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $8,084

Listing and Financial Details

  • Tax Lot 00018
  • Assessor Parcel Number 11-00604-00018

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1955
  • Remarks Public: Investor Special. This is a rare opportunity for a serious investor to purchase a small apartment building. These deals don`t come along very often. Located in the downtown section of the City near many State and County offices. Currently a 5 unit property that was previously a 6 unit. The first floor apartment was converted into a common area for residence of the building. The living room was changed into a laundry room with hookup for 5 washers and dryers. The bedroom was changed into a gym. The equipment is still in place. This unit can easily be converted back into the 6th apartment for additional rental income. This is a very impressive 3 story brick building . The outside appears to be in great shape. The interior was completely renovated a few years ago. Unfortunately when the bank foreclosed the property was neglected and the pipes burst. While the interior damage is extensive, it is mostly cosmetic. This is a serious investment opportunity for a serious investor!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 5037
  • Living Area Sq Ft: 5037
  • Price Per Sq Ft: 19.65
  • Above Grade Finished Sq Ft: 5037
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 212

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: TRENTON PUBLIC SCHOOLS
  • School District Key: 300200396606

Lot Info

  • Improvement Assessed Value: 103500.00
  • Land Assessed Value: 37500.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 25X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2500.00
  • Zoning: HIST

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Tax Info

  • Assessor Parcel Number: 2147076
  • Tax Annual Amount: 8112.00
  • Assessor Parcel Number: 11-00604-00018
  • Tax Lot: 00018
  • Tax Year: 2016
  • Close Date: 09/09/2016

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

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
09/09/2016 09/09/16 Sold $80,000 -19.2% $16 / Sq Ft
08/08/2016 08/08/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $99,000 -- $20 / 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: 1003887597

Bright MLS