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Trenton,NJ 08611
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID NJME2059584
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $16,242
Tax Year 2024
Lot Size 1,999 Sqft
Acres 0.05
Lot Dimensions 20.00 x 100.00
Property Sub-Type Mixed Use
Property Description
Fully Renovated Mixed-Use Gem in Trenton's Premier Mill Hill Neighborhood!
Exceptional income-producing property featuring a leased commercial retail space plus three beautifully updated residential units — two 2BR/1BA apartments and one 1BR/1BA unit. All units have been fully renovated with modern finishes. Two units are currently leased, with one 2-bedroom unit available for immediate rental, offering added income potential.
Located in Trenton's most desirable and historic neighborhood, Mill Hill, known for its charm, walkability, and proximity to downtown, transit, and the CURE Arena. Solid 5.3% cap rate makes this a turn-key investment with steady returns and long-term growth potential.
Location
State NJ
County Mercer
Area Trenton City (21111)
Zoning HIST
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Trenton Public Schools
Others
Tax ID 11-09803-00009
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard