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Listed by Carol Terrell • Keller Williams - Main Street

$215,000

Est. payment - /mo

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3 Beds

2 Baths

1,290 SqFt

New

199 PASSAIC ST Trenton, NJ 08618

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Key Details

Property Type Single Family Home, Townhouse

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,290 sqft

Price per Sqft $166

Subdivision None Available

MLS Listing ID NJME2080088

Style Other

Bedrooms 3

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 1,290

Year Built 1920

Annual Tax Amount $1,678

Tax Year 2025

Lot Size 1,306 Sqft

Acres 0.03

Lot Dimensions 16.30 x 80.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Investor Alert! Strong cap rate and annual return opportunity here. This 2 bedroom 1 bathroom with a tenant already in place and generating solid rental income. The property is producing an annual NOI of approximately $13,136 making it an attractive addition to an investment portfolio. Bring your finishing touches and unlock even more potential. With routine upkeep. This income-producing rental is positioned to help you generate consistent monthly cash flow. This property is being sold as part of a larger portfolio with multiple locations throughout New Jersey. Buyers may be eligible for a discount when purchasing more than one property or acquiring the portfolio as a package deal. The seller can also offer creative financing options, including the potential to take over the existing mortgage on these properties. Ask about it before or after your tour. This unit is located in a ever increasing , convenient area near local parks, eateries, and entertainment to enjoy from Philadelphia and New Jersey, This rental offers both investment appeal and stable long-term tenants that need housing. The seller is selling AS IS. All units are up to date with TWP CO's and housing where necessary. Seller would like the buyer to use his title company to purchase. Buyer responsible for their own Due Diligence before purchase. Don't miss this opportunity—schedule your showing today!

Location

State NJ

County Mercer

Area Trenton City (21111)

Zoning RES

Rooms

Other Rooms Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1

Basement Full

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling None

Inclusions All Appliances and Fixtures are being transferred in their AS IS Condition.

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Story 2

Foundation Brick/Mortar

Above Ground Finished SqFt 1290

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Trenton Public Schools

Others

Senior Community No

Tax ID 11-00019 B-00270 -

Ownership Fee Simple

SqFt Source 1290

Acceptable Financing Cash, Conventional, FHA, Seller Financing, Negotiable

Listing Terms Cash, Conventional, FHA, Seller Financing, Negotiable

Financing Cash,Conventional,FHA,Seller Financing,Negotiable

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

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EXIT Realty Expertise

+1(540) 775-6555

199 PASSAIC ST Trenton, NJ 08618

EXIT Realty Expertise

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Go tour this home

199 PASSAIC ST