512 MRTN KING JR Under Contract Save Request In-Person Tour Request Virtual Tour
Trenton,NJ 08618
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Under Contract
Purchase Type For Sale
Square Footage 3,144 sqft
Price per Sqft $79
MLS Listing ID NJME2064048
Style Traditional
Year Built 1871
Annual Tax Amount $5,777
Tax Year 2024
Lot Size 5,197 Sqft
Property Sub-Type Detached
Property Description
Investment Opportunity - 3 Unit Multi-Family | Trenton, NJ Unlock steady cash flow potential with this well-positioned 3-unit multi-family property located on Martin Luther King Jr, Blvd in the heart of Trenton. What makes this multi-family building unique is the 12'ft ceilings, which makes the property a gem in the heart of Trenton. This property also features: - Unit 1: 3 bedrooms / 1 bath - Unit 2: 2 bedrooms / 1 Bath - Unit 3: 1 bedroom / 1 Bath Each unit offers spacious layouts separate utilities, and strong rental demand in a high-traffic area. With proximity to public transportation, schools, shopping, and downtown. Trenton, this location ensures consistent tenant interest year-round. Key Highlights: - Solid rental income potential - Strong tenant base in the area - Convenient access to Route 1, I-295, and NJ Transit - Opportunity for value-add upgrades to increase ROI This property is being sold As-Is, where-is. Buyer responsible for obtaining all city/township required certifications and C/O. Whether you're looking to expand your portfolio or start generating passive income, this property is a turnkey investment with upside potential.
Location
State NJ
County Mercer
Area Trenton City (21111)
Zoning MULTI-FAMILY
Interior
Hot Water None
Heating None
Cooling None
Exterior
Water Access N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Trenton Public Schools
Others
Acceptable Financing Cash,FHA 203(k)
Listing Terms Cash,FHA 203(k)
Special Listing Condition Standard