Bought with Olena Gromadska Prado • Keller Williams Premier
$485,000
$499,999
3.0%For more information regarding the value of a property, please contact us for a free consultation.
2,810 Sqft Lot
SOLD DATE : 05/22/2026
Key Details
Sold Price $485,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NJME2067102
Sold Date 05/22/26
Year Built 1920
Annual Tax Amount $9,583
Tax Year 2024
Lot Size 2,810 Sqft
Acres 0.06
Lot Dimensions 28.10 x 100.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
**INVESTORS DREAM** Everything has been done for you to step in and have positive cash flow!
Prime commercial location located across from Division Street, 3-unit income producing mixed use building is fully occupied. Commercial tenant is in year 3 of a 5-year lease ($2100 per month for 2025, with $100/mo yearly increases scheduled) and two residential apartments above store which consist of mirrored 2-story apartments renting at $1600/$1300 per month. **Rents are under market**, only adding to the potential for Investors!! Store has separate 200 amp electric service, each upstairs apt has separate 100 amp service. Building has majority of updated plumbing and electric meters with newer wiring from street into building. Basement has access with bilco door on front sidewalk and there is a rear fenced parking area also currently being leased. Two upstairs apartments include heat in the rent and they each have 2 bed, 1 bath, living room, kitchen and dining area. First floor store is approx 2400 sq ft with a 1/2 bath. Each apartment has approx 950 square feet. Bus stop in front of building.
Location
State NJ
County Mercer
Area Trenton City (21111)
Zoning COMM
Interior
Hot Water Natural Gas
Heating Radiator, Hot Water
Cooling Central A/C, Window Unit(s)
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Water Access N
Roof Type Shingle,Rubber
Accessibility None
Total Parking Spaces 2
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Trenton Public Schools
Others
Tax ID 11-17901-00017
Ownership Fee Simple
Security Features Fire Detection System,Carbon Monoxide Detector(s),Monitored,Smoke Detector
Acceptable Financing Cash, Conventional, Negotiable
Listing Terms Cash, Conventional, Negotiable
Financing Cash,Conventional,Negotiable
Special Listing Condition Standard
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