$475,000

1116 W STATE ST, Trenton, NJ 08618

  • 2,278 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1912
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $209/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Immediate investment opportunity for a highly-profitable, income producing, multi-family residential property in the historic capital city of Trenton. This three-apartment home is conveniently located close to an exit off of Route 29, shopping plazas, and the Delaware River. Tenants enjoy access to beautiful parks and tennis courts within a 5-minute walk, along with a common back yard. Each apartment conveniently has separate meters for utilities, and tenants have been responsible to pay their own heating, gas and electric utility bills. The ground-floor apartment has two bedrooms, each with an individual full bathroom, along with a Living room and dine-in kitchen. The second floor apartment offers two-bedrooms, each with an individual full bathroom, in addition to living room and dine-in kitchen. On the top floor is the third apartment, featuring one bedroom, one bathroom, and a dine-in kitchen area. The conservative rent potential for this multi-family property is $4,600 a month ($1,705for first-floor and $1,700 second-floor unit, and probable $1200 for the top-floor which is empty. Due to local housing needs and recent economic events, higher rents may be possible.

Listing Status:
Coming Soon
Date Added:
August 17, 2025 at 05:00AM
Listing Office:
Keller Williams Premier : 6094595100
Listing Agent:
JAMES DOMINIC MANTUANO Sr. : 6093306036
MLS ID:
NJME2064034

This listing courtesy of JAMES DOMINIC MANTUANO Sr., Keller Williams Premier

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Joseph Stokes Elementary School

, Trenton, NJ, 08618

Grades PK-3

0.29 miles away

D

Daylight/Twilight High School

1001 W State St, Trenton, NJ, 08618

Grades 6-12

0.12 miles away

D

Daylight/Twilight High School

1001 W State St, Trenton, NJ, 08618

Grades 6-12

0.12 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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