UPDATED:
10/26/2024 02:39 PM
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID NJME2049690
Style Other
Originating Board BRIGHT
Year Built 1942
Annual Tax Amount $7,425
Tax Year 2024
Lot Size 7,680 Sqft
Acres 0.18
Lot Dimensions 60.00 x 128.00
Property Description
The transferrable tax abatement is a valuable feature, as it can help offset the property's tax burden for the new owner, potentially enhancing the overall financial viability of the investment. This type of tax relief program can be beneficial for both owner-occupants and investors alike, providing opportunities for cost savings and improved cash flow. The tax abatement doesnt expire until 12/31/2026.
Overall, this property presents a unique opportunity with its flexible living spaces, separated utilities, and transferrable tax abatement. Two units will be delivered vacant to new owner and can be shown by real estate agent at any time.
Location
State NJ
County Mercer
Area Trenton City (21111)
Zoning COMMERICAL
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Trenton Public Schools
Others
Tax ID 11-09006-00019 01-X
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
