1037 1039 S Broad
$499,999
1037 1039 S Broad, Trenton, NJ 08611
2,810 sqft
Building Size
1920
Year Built
Details:
Highlights:
- Days on Market: 9
- Parking Features: Fenced, Private
- Heating: Radiator, Hot Water
Description:
**INVESTORS DREAM** Everything has been done for you to step in and have positive cash flow!
Prime commercial location located across from Division Street, 3-unit income producing mixed use building is fully occupied. Commercial tenant is in year 3 of a 5-year lease ($2100 per month for 2025, with $100/mo yearly increases scheduled) and two residential apartments above store which consist of mirrored 2-story apartments renting at $1600/$1300 per month. **Rents are under market**, only adding to the potential for Investors!! Store has separate 200 amp electric service, each upstairs apt has separate 100 amp service. Building has majority of updated plumbing and electric meters with newer wiring from street into building. Basement has access with bilco door on front sidewalk and there is a rear fenced parking area also currently being leased. Two upstairs apartments include heat in the rent and they each have 2 bed, 1 bath, living room, kitchen and dining area. First floor store is approx 2400 sq ft with a 1/2 bath. Each apartment has approx 950 square feet. Bus stop in front of building.
Location
Gallery
