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About the Listing KLWILPRM - 3155435,3299345
**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.
Listing Highlights for 1037 S Broad
Status
Active
Days on Site
22
Property Type
Commercial Sale
MLS ®
NJME2067102
Year Built
1920
Total Square Footage
2,810
Lot/Acreage
0.06
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central A/C,Window Unit(s)
- Heating: Radiator,Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 28.10 x 100.00
- Zoning: Multi use
- Roof: Shingle,Rubber
- Others: Very Good
- Sewer: Public Sewer
- Parking Features: Fenced,Private,On Street,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $9,583
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
1037 S Broad Trenton, NJ 08611
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