Trenton, NJ 08618 399 W State Street
$649,999
Pending
23 more
Presented By: Turning Point Real Estate
Beds • 6
Beds • 6Home Details
Renovated 5 unit building in a great location. All the units are well sized and the property has it's own private parking lot. Potential to make upgrades and increase rental rates or re-lease apartments to new tenants if the owner chooses to do so. This building rarely has an empty unit. If you are looking for a property that is a reliable income producer, look no further.
Presented By: Turning Point Real Estate
Interior Features for 399 W State Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
Air Conditioning Y/NNo
BasementUnfinished
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
FlooringCarpet, Hardwood
Furnished UnitsNone
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Laundry TypeNone
General for 399 W State Street
Acceptable FinancingCash, Contract, Conventional
AccessibilityNone
AppliancesRange Hood, Refrigerator, Oven/Range - Electric
Architectural StyleTudor
Association Recreation FeeN
Attached Garage No
Avg. Electric Per Month100.0
Avg. Water Per Month100.0
Cap Rate8.00
CityTRENTON
Construction MaterialsFrame
Cool FuelElectric
CoolingHeat Pump(s), Central A/C
CountyMERCER
DirectionsCorner of W. State and Perdicaris
DisclosuresNone
Electric120/240V
ExclusionsTenants Belongings
Garage Y/NNo
Green Verification Y/NNo
Gross Income72000.00
HeatingForced Air
Historic Y/NNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease TypeNet
Living Area4500
Lot Size Square Feet21780.00
Lot Size UnitsSquare Feet
MLS AreaTrenton City (21111)
MunicipalityTRENTON CITY
Net Operating Income60000.00
New ConstructionNo
Number Of Units Total4
Number of Units Leased5
NumberOfUnitsVacant0
One Bedroom Units Count4
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2
OwnerPaysNone
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG144.44
Property Attached Y/NNo
Property ConditionGood
Property SubtypeOther
Property TypeMulti-Family
Rent Control Y/NNo
RoofSlate
School DistrictTRENTON PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusPending
StatusPENDING
Structure TypeDetached
Tax Annual Amount11027.0
Tax Assessed Value190100.0
Tax Lot00001 01
Tax Year2024
Total Actual Rent72000.00
Total SQFT4500
Two Bedroom1
UtilitiesCable TV
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1940
Year Built SourceEstimated
ZoningCOMMERCIAL
Exterior for 399 W State Street
Door FeaturesAtrium, Six Panel, Insulated
Foundation DetailsStone
Land Assessed Value80800.00
Lot Size Acres0.50
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Private PoolNo
SpaNo
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
N/A
High School
Trenton Central H.S.
Elementary School
N/A
