Multi (2-4 Units)
102-104 Pennington Ave, Trenton, NJ 08618
Legal 4 Unit- one commercial space currently set up as retail- 3 apartments- 1- studio/ 1 bath, 1 - 1 bdrm/1 bath, and 1- 3 bdrm/1 bath. 4 separate meters. 3 new heating systems, 3 newer hwh's, updated plumbing and electric. The studio is vacant, and was collecting 1250 a month. 1 bdrm is vacant, was collecting 1350. 3 bdrm is on a month-to-month lease currently collecting 1750, but prepared to pay the raised rent up to 2k a month in conjunction with closing. Commercial space should bring in 2500 a month for a total of roughly 7100 montly. Basement for storage and utilities. Corner lot, townhouse community across the street. Potential for off-street parking in the back.
Beds
5
Baths
4
Number of Units
4
Sq Ft
3,468
Year Built
1950
Current NOI
N/A
Pro Forma NOI
N/A
Current Rental Income
$1,750
Current Cap Rate
N/A
Pro Forma Cap Rate
N/A
Price Per Door
$0
Ownership Type
N/A
Occupancy Status
N/A
Prof. Managed
No
Tenants Up To Date
No
Subsidized Tenants
0
Type of Lease
N/A
Lease Expiration
N/A
Lot Size
2,950
Basement Type
Yes
Assigned Parking
No
Solar
N/A
Property Sub-Type
multi_2_4_units
Water Source
N/A
Sewer / Septic
N/A
Heat Source
N/A
Heat Fuel
N/A
Cooling Type
N/A
Other Utilities
N/A
Ask the contract holder about the property
334 S Broad St, Trenton, NJ, 08608
Scroll to load map...
Home Price
Down Payment (%)
Loan Amount
$390,000
Interest Rate (%)
Est. Payment
$2,260
/ month
