NEW! Buy and sell safely with virtual options - Learn More
About the Listing KELLERRE - 3164454
Rare investment opportunity to acquire a stabilized five-unit multi-family asset located directly across from the historic Cadwalader Park. The 100-acre park serves as a premier neighborhood anchor, providing residents with immediate access to scenic trails and landscaped green space. The well-maintained building features units that have been updated to blend modern finishes with classic architectural character. PREMIUM INFRASTRUCTURE: This property offers a significant competitive edge with a private driveway leading to an on-site garages and additional parking, providing highly sought-after off-street parking. Additionally, the building includes an expansive, tall-ceiling basement that offers massive storage capacity, mechanical access, or the potential for future creative conversion and ancillary income. INVESTMENT POTENTIAL: With a history of consistent occupancy, the property provides immediate stability. Current rents offer a solid foundation with significant upside potential based on market trends in this established park-side neighborhood. This asset is ideally positioned for a 1031 exchange or a portfolio expansion. LOCATION & ACCESS: Situated for maximum convenience, the property is located near the Trenton Transit Center with service to New Jersey Transit and Amtrak, and offers rapid access to Routes 1, 29, and I-295. SHOWING INSTRUCTIONS: For the privacy of the residents, please do not approach the property or disturb occupants; exterior security cameras are in place. Showings are available only upon acceptance of a Letter of Intent (LOI) accompanied by proof of funds or mortgage pre-approval.
Listing Highlights
Status
Active
Days on Site
12
Property Type
Multi-Family
MLS ®
NJME2075334
Year Built
1950
Total Square Footage
2,669
Lot/Acreage
0.13
Interior Details
- Bedrooms: 6
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Baseboard - Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2669
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 50.00 x 110.00
- Zoning: R
- Roof: Pitched,Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Driveway
Financial Details
- Tax Amount: $11,695
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
1114 Stuyvesant Ave Trenton, NJ 08618
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
