Trenton City, NJ 08609,629 MONMOUTH ST
Trenton City, NJ 08609,629 MONMOUTH ST
Trenton City, NJ 08609,629 MONMOUTH ST
14
$145,000
$159,900
9.3%
Est.Price: ?

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2,112 SqFt

629 MONMOUTH ST Trenton City, NJ 08609

Est. payment /mo
SOLD DATE : 01/13/2017

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Key Details

Sold Price $145,000

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,112 sqft

Price per Sqft $68

Subdivision None Available

MLS Listing ID 1003334787

Sold Date 01/13/17

Style Other

HOA Y/N N

Abv Grd Liv Area 2,112

Originating Board TREND

Year Built 1946

Annual Tax Amount $7,985

Tax Year 2016

Lot Size 3,136 Sqft

Acres 0.07

Lot Dimensions 28X112

Property Description

Start off the fall with immediate cash flow, with this 5-unit apartment building that is fully rented, upgraded and ready to roll. All units are 1 bedroom, inspected and licensed. No issues or liens. Trenton, Chambersburg area, Between Hamilton Ave and Greenwood Ave. Rent roll: 3,320 per month or 39,840 in gross income per year!!!! Sale price 167,500. Less than 34,000/unit. Immediate income from day one. 5 individual rental units with separate entrances, full kitchens, bathrooms and bedrooms. Fully operational. Income generation from day one. Annual Expenses: Insurance 2,400 (200/month), Water, 1,850 (154/month), Gas & Electric Utilities 2,500 (208/month). Gross profit before NOI 20,500. 13.7 Cap Rate. 12 cash on cash rate. Owner pays for heat and hot water. Tenant pays for Electric. Annual Taxes 8,800 (733/month). Located just blocks from Trenton Train Station and Marys Hospital. Great investment opportunity waiting for you. Don't delay. Reach out to rep today.

Location

State NJ

County Mercer

Area Trenton City (21111)

Zoning COM

Rooms

Other Rooms Primary Bedroom

Basement Full, Unfinished

Interior

Interior Features Ceiling Fan(s)

Hot Water Natural Gas

Heating Gas, Radiator

Cooling None

Flooring Fully Carpeted, Vinyl

Fireplace N

Window Features Replacement

Heat Source Natural Gas

Laundry None

Exterior

Fence Other

Utilities Available Cable TV Available

Water Access N

Roof Type Pitched

Accessibility None

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District Trenton Public Schools

Others

Tax ID 11-14001-00024

Ownership Fee Simple

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

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Bright MLS (BMLS)
Listed by Nicholas Santoro • EveryHome Realtors
Bought with Nicholas Santoro • EveryHome Realtors

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Joanna Dieter

Agent | License ID: 665620

+1(410) 949-6855

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