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542 E State St, Trenton, NJ 08609

$345,000

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List Price: $345,000
Status: ACTIVE
MLS#: NJME2074278
Year Built: 1920
County: Mercer
School District: Trenton Public Schools

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Property Description

5-unit apartment building located a block from the Trenton Transit Center. Minor upgrades have been made in the past year including a new roof, upgraded heating system and unit renovations. The building has a current green card. This neighborhood is well served by Route 1 access and a very short walk to the Trenton Transit Center. There is a significant value-add opportunity from rent growth in this portfolio – the current rents are below market and as the neighborhood improves, rents will rise.

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Additional Information

Area: Trenton City (21111)
Subdivision: None Available
School District: Trenton Public Schools
Heating: Baseboard
Cooling: None
Utilities: Electric Available, Sewer Available, Water Available
Water: Public
Sewer: Public Sewer