$243,000
$265,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
2,395 SqFt
SOLD DATE : 06/23/2022
Key Details
Sold Price $243,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,395 sqft
Price per Sqft $101
Subdivision Abbott Commons
MLS Listing ID NJME2014176
Sold Date 06/23/22
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $5,952
Tax Year 2021
Lot Size 3,655 Sqft
Acres 0.08
Lot Dimensions 42.20 x 86.60
Property Description
Great Opportunity to invest in the city and yourself. Combination package. Commercial Zoned mixed use building on corner lot. This is a high traffic area passed by many County and State employees daily. This corner lot building is within walking distance to the Light Rail line, government offices, Trenton Thunder stadium and more. This package offers a mixed use building currently used for religious service on the first floor and a residential apartment on the second floor. there are four bedroom between two levels. two of the rooms are not heated but have electric and could have electric heat installed easily. The leases are month to month and probably below market value, but good tenants. First floor rent is $1600 and apartment pays $1100. Landlord pays taxes and water. units are on separate meters and heaters. Past uses for this property have been : pharmacy and deli. the extra lot in the back (316 Cass) had two houses on it years ago. Opportunity to have business with parking or potentially put housing. Please do your due diligence to explore potential allowable uses. Property is being sold "as-is". Buyer is responsible for all inspections and certifications.
Location
State NJ
County Mercer
Area Trenton City (21111)
Zoning COMMERCIAL
Interior
Hot Water Electric, Natural Gas
Heating Baseboard - Hot Water
Cooling None
Flooring Carpet, Ceramic Tile, Laminated, Vinyl
Heat Source Natural Gas
Exterior
Garage Spaces 15.0
Utilities Available Natural Gas Available, Electric Available, Cable TV Available, Phone Available, Sewer Available, Water Available
Water Access N
View City
Roof Type Shingle
Street Surface Black Top
Accessibility None
Total Parking Spaces 15
Garage N
Building
Lot Description Additional Lot(s)
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Trenton Public Schools
Others
Tax ID 11-10502-00002
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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