147 MERCER STTrenton, NJ, 08611
$ 1,375,000Bedrooms-- Baths0.0
for $1,375,000. The lot size is 18,363.
Turn Key Portfolio Package: 5 Buildings 31 Units in the Mill Hill section of Trenton NJ. Package includes: 203-205 Perry St and 144, 147, 150 Mercer St. A total of 16 studios, 13 one bedrooms, 2 two bedrooms which are 100% Occupied. Tenants are all signed to a 1 year lease. Entire portfolio has just passed the State inspection. The City inspections have been completed on all units. The buildings are in excellent condition and well maintained: all buildings have new roofs, all heating systems are under contracted maintenance as well as cleaned and maintained annually. Water detection/back draft system on each floor of every building. Current owner has managed all of the buildings since 1997. There is the option for current management to continue to manage the maintenance and repairs/inspections. Available on request: Income/Expense sheet, 14+ pages of inventory, more interior pictures. Robust income makes this a smart addition to you portfolio-call today for a private tour.
List By Natalie Esfandiari
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 3.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Commerical listings in Trenton, NJ
Average List Price $586,888
Percent of Sale Price 57%
About Trenton, NJ
$ 37,040 Median Income
34.62 Median Age
33% Households with Children