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1039 S BROAD STREET Trenton NJ 08611

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Details
Property Type Mixed Use, Multifamily (+1)
Sub Type Apartment Building
Building SqFt 4,300
Year Built 1920
Lease Type ******
Days on Market ******
Latitude 40.2048
Longitude -74.7451

Property History

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Property Type
Property Type
Mixed Use, Multifamily, Retail
Property Subtype
Apartment Building
Marketing Description

**INVESTORS DREAM** Everything has been done for you to step in and have positive cash flow!

Prime commercial location located across from Division Street, 3-unit income producing mixed use building is fully occupied. Commercial tenant is in year 3 of a 5-year lease ($2100 per month for 2025, with $100/mo yearly increases scheduled) and two residential apartments above store which consist of mirrored 2-story apartments renting at $1600/$1300 per month. **Rents are under market**, only adding to the potential for Investors!! Store has separate 200 amp electric service, each upstairs apt has separate 100 amp service. Building has majority of updated plumbing and electric meters with newer wiring from street into building. Basement has access with bilco door on front sidewalk and there is a rear fenced parking area also currently being leased. Two upstairs apartments include heat in the rent and they each have 2 bed, 1 bath, living room, kitchen and dining area. First floor store is approx 2400 sq ft with a 1/2 bath. Each apartment has approx 950 square feet. Bus stop in front of building.

Investment Highlights

Legal address for this property is 1037-1039 S Broad Street. Store rents for $2100 month (year 3 of 5-year lease. $100/mo yearly increases scheduled) plus they pay their utilities and 2 apartments rent for $1600/$1300 per month includes heat., electric is paid by the tenants. **Rents are under market**, only adding to the potential for your Investors!! As-is condition, appointment necessary, contact Natalie-co-listing agent for access via cell (text or call) 609-658-5722. All residential tenants will require notice to show. Commercial space can be shown between 10am-6pm every day.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
NR
Natalie Reagan
•••.•••.5722
•••••••••agan@••.com
Brokerage logo
Listing removed on
 BY:
AR
Anthony Rosica
•••.•••.4881
••••••sica@•••••.com
Brokerage logo

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