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Listed by Carol Terrell • Keller Williams - Main Street

$215,000

Est. payment - /mo

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4 Beds

1 Bath

1,400 SqFt

New

261 HIGHLAND AVE 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 1,400 sqft

Price per Sqft $153

Subdivision None Available

MLS Listing ID NJME2080126

Style Colonial

Bedrooms 4

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 1,400

Year Built 1909

Annual Tax Amount $2,249

Tax Year 2025

Lot Size 2,200 Sqft

Acres 0.05

Lot Dimensions 22.00 x 100.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Investor Alert! Strong cap rate and annual return opportunity here. This 4 bedroom 1 bathroom with a tenant already in place and generating solid rental income. The property is producing an annual NOI of approximately $14,837.48 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, Bedroom 3, Kitchen, Bedroom 1

Basement Full, Unfinished

Main Level Bedrooms 4

Interior

Hot Water Natural Gas

Heating Radiator

Cooling None

Flooring Fully Carpeted, Vinyl

Fireplace N

Heat Source Natural Gas

Laundry Basement

Exterior

Water Access N

Accessibility None

Garage N

Building

Lot Description Level

Story 2

Foundation Brick/Mortar

Above Ground Finished SqFt 1400

Sewer Public Sewer

Water Public

Architectural Style Colonial

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 11-06306-00004

Ownership Fee Simple

SqFt Source 1400

Acceptable Financing Conventional, VA, FHA 203(b)

Listing Terms Conventional, VA, FHA 203(b)

Financing Conventional,VA,FHA 203(b)

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

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EXIT Realty Expertise

+1(540) 775-6555

261 HIGHLAND AVE 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

261 HIGHLAND AVE