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486 W STATE ST
TRENTON, NJ 08618

$146,356 
  • -- Beds
  • -- Baths
  • 3,840 sqft
  • Residential Income | Semi-Detached
  • Active
486 W STATE ST, TRENTON - 32913968
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Property Description for 486 W STATE ST, TRENTON NJ 08618

3 Units Currently OCCUPIED! When looking for Multi-Family Cash Flow - 4 Units is the way to go! Property Features: * Brick Construction Multifamily Mansion with Classic Front Wrap-around Porch. * Huge, Well-Maintained Property. Up to 6 Cars of Paved Parking in Back of Property. * Separate Utilities - Owner only pays Water and Common Area Electric. * Vetted Tenants on New Leases. Full Service Property Management Available. TURNKEY OPPORTUNITY! Immediate Cash Flow! LOCATION & TRANSPORTATION: Trenton is phenomenally located, positioned right between Philadelphia and New York. Head down to the recently renovated train station and you are in either city in about 1 hour. DEMAND FOR HOUSING: Trenton being the capital of NJ has a great majority of state jobs. Trenton also borders Pennsylvania. In 2011 a law was passed that all state workers are required to live in NJ effectively cutting off any chance for those people to seek housing across the bridge in PA. INVESTMENT IN THE CITY: In recent years Trenton has seen a lot of investment in the city. The train station has been rehabilitated, the Roebling Market, Roebling Lofts, New Court House, Thomas Edison State College Expansions and New Residential construction throughout the city. Why Be a Landlord in Trenton, NJ? 1) Phenomenal return on investment. 2) Cash Flow 3) Streamlined and fair eviction process. 4) A strong rental market with high rents.

  • Property Class: Multi-Family
  • Listing Status: Active
  • City: TRENTON
  • State: NJ
  • Zip: 08618
  • Area: Trenton City
  • Class: Residential Income
  • Property Subtype: Semi-Detached
  • Approx Lot Size: 0.090
  • Baths (F/H): -- / --
  • Living Area (SqFt): 3,840 sqft
  • Lot Sq Ft Apx: 3762.00
  • Year Built: 1850
  • Listing#: 7046920
  • School District: Trenton
  • Tax Year: 2016
  • List Date: 9/1/2017
  • Last updated on: 9/20/2017

Property Features for 486 W STATE ST, TRENTON NJ 08618

  • Basement Type: Full
  • Exterior: Vinyl Siding, Brick
  • Property Age: 167
  • Garage Spaces: Nogarage
  • Laundry Type: Common Laundry
  • Sewer Septic: Public Sewer
  • Cooling: Wall Unit, None
  • Handicap: None
  • Hot Water: Natural Gas
  • Water: Public
  • Design: Quadplex
  • Exterior Features: Sidewalks, Streetlights
  • Heating: Gas, Forced Air
  • Parking: 5-7Carparkng, Drvwy/Off STR, Parkinglot, Shared Driveway

Additional Information for 486 W STATE ST, TRENTON NJ 08618

  • School District: Trenton
  • High School: Trenton Central H.S.
  • Annual Gross Income: 25800.00
  • Annual Gross Expense: 14466.00
  • Annual Insurance Expense: 3033.00
  • Annual Maint Expense: 3000.00
  • Basement: True
  • Block Or Square: 02206
  • Building Floors: 3.00
  • Central Air: False
  • Improv Assessed Amt: $104,600
  • Lot Dimensions: 28X132
  • Lot Number: 00005
  • New Construction: False
  • Ownership: Fee Simple
  • Total Assessment: 116200.00
  • Water Front: False
  • Beds Unit1: 1
  • Baths Full Unit1: 1
  • Unit1 Monthly Rent: 600.00
  • Beds Unit2: 1
  • Baths Full Unit2: 1
  • Unit2 Monthly Rent: 675.00
  • Beds Unit3: 3
  • Baths Full Unit3: 1
  • Total Taxes: $6,685
  • Listing Area: Trenton City
  • Subdivision: West Trenton
  • Beds Unit4: 4
  • Baths Full Unit4: 1
  • Building Facade Orientation: Southeast
  • One Bedroom Units: 2
  • Listing ID: 7046920
Courtesy of Tesla Realty Group LLC
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Data relating to real estate for sale on this website appears in part through the TREND IDX program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which BHHS Fox & Roach participates, and is provided by TREND through a licensing agreement. Real estate listings held by brokerage firms other than BHHS Fox & Roach are marked with the IDX/IDX PLUS icon & detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers & may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. © 2016 TREND, all rights reserved. Information deemed reliable, but not guaranteed.