Prime investment opportunity in downtown Trenton! This mixed-use property features three residential units and one commercial space. The three residential units are currently vacant and require a full renovation. Architectural drawings are already prepared, and the City has given preliminary approval for the plans, including a sprinkler system to eliminate the need for a fire escape. The commercial unit on the first floor is currently leased at $2,000 per month through February 2026, providing immediate rental income. The commercial space also includes a large storage area, a newer heating and air conditioning system, and access to a full basement. Once the residential units are completed, this property has strong income-generating potential in a desirable location. Property is being sold AS-IS. Buyer is responsible for the Certificate of Occupancy (C.O.)
Prime investment opportunity in downtown Trenton! This mixed-use property features three residential units and one commercial space. The three residential units are currently vacant and require a full renovation. Architectural drawings are already prepared, and the City has given preliminary approval for the plans, including a sprinkler system to eliminate the need for a fire escape. The commercial unit on the first floor is currently leased at $2,000 per month through February 2026, providing immediate rental income. The commercial space also includes a large storage area, a newer heating and air conditioning system, and access to a full basement. Once the residential units are completed, this property has strong income-generating potential in a desirable location. Property is being sold AS-IS. Buyer is responsible for the Certificate of Occupancy (C.O.)
Neighborhood
Type
County
Mercer
Area
Trenton City
Tax Amount
$6,680
Status
Active
Listing #
NJME2069362
Built
1950
Lot Size
0.02
Listed on site
7 days
Listing Agent Id
121136096800