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7 Beds
2 Baths
1,192 SqFt
Active
Investor Alert! Strong cap rate and annual return opportunity here. This 2 bedroom 1 bathroom with a tenant already in place and generating solid rental income. The property is producing an annual NOI of approximately $5,480.60 making it an attractive addition to an investment portfolio. Bring your finishing touches and unlock even more potential. With routine upkeep. This income-producing rental is positioned to help you generate consistent monthly cash flow. This property is being sold as part of a larger portfolio with multiple locations throughout New Jersey. Buyers may be eligible for a discount when purchasing more than one property or acquiring the portfolio as a package deal. The seller can also offer creative financing options, including the potential to take over the existing mortgage on these properties. Ask about it before or after your tour. This unit is located in a ever increasing , convenient area near local parks, eateries, and entertainment to enjoy from Philadelphia and New Jersey, This rental offers both investment appeal and stable long-term tenants that need housing. The seller is selling AS IS. All units are up to date with TWP CO's and housing where necessary. Seller would like the buyer to use his title company to purchase. Buyer responsible for their own Due Diligence before purchase. Don’t miss this opportunity—schedule your showing today!
Property Details | ||
|---|---|---|
| Price | $215,000 | |
| Bedrooms | 7 | |
| Full Baths | 2 | |
| Total Baths | 2 | |
| Property Style | Colonial | |
| Lot Size | 14.00 x 122.00 | |
| Lot Size Area Units | Square Feet | |
| Acres | 0.04 | |
| Property Type | Residential | |
| Sub type | Townhouse | |
| MLS Sub type | Interior Row/Townhouse | |
| Stories | 2 | |
| Year Built | 1905 | |
| Subdivision | NONE AVAILABLE | |
| Heating | Hot Water | |
| Foundation | Brick/Mortar | |
| Accessibility | None | |
Geographic Data | ||
| Directions | From I-295, take Exit 60A to Route 129 North. Continue toward downtown Trenton, then follow local streets to Locust Street. Property offers convenient access to Routes 1, 29, 129, and I-295, and is just minutes from the Trenton Transit Center. | |
| County | MERCER | |
| Latitude | 40.22042 | |
| Longitude | -74.74667 | |
| Market Area | Trenton City (21111) | |
Address Information | ||
| Address | 181 LOCUST ST, TRENTON, NJ 08609 | |
| Postal Code | 08609 | |
| City | TRENTON | |
| Cross Street | HAMPTON AVE. | |
| State | NJ | |
| Country | United States | |
Listing Information | ||
| Listing Office | Keller Williams - Main Street | |
| Listing Office Email | njrealtortara@gmail.com | |
| Listing Agent | Carol Terrell | |
| Special listing conditions | Standard | |
| Ownership | Fee Simple | |
| Terms | FHA 203(b),Cash,Negotiable,Seller Financing,Conventional | |
School Information | ||
| District | TRENTON PUBLIC SCHOOLS | |
MLS Information | ||
| Days on market | 1 | |
| MLS Status | Active | |
| Listing Date | Jul 4, 2026 | |
| Listing Last Modified | Jul 4, 2026 | |
| Tax ID | 11-13001-00017 | |
| Tax Year | 2025 | |
| Tax Annual Amount | 2385 | |
| MLS Area | Trenton City (21111) | |
| MLS # | NJME2080108 | |
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This information is believed to be accurate, but without any warranty.