40 College Street

Trenton, NJ 08611

$460,000
Last Sold Price
Beds
6,006 Sq. Ft.
$77 / Sq. Ft.
6,006
Sq. Ft.
$77
per Sq. Ft.

Description

Unbelievable opportunity to own this beautiful brick two-unit home with additional income from the two 3000 sq. ft. warehouse units which rents for $2000 . There is an additional 300 sq. ft. garage which can also be rented for added income. Keep the current tenants, or you can increase the rents with new tenants! The first-floor units has two bedrooms, remodeled bath, large eat in kitchen, and a dining room. Full basement and yard at . The second unit has separate side entrance leading to second...Unbelievable opportunity to own this beautiful brick two-unit home with additional income from the two 3000 sq. ft. warehouse units which rents for $2000 . There is an additional 300 sq. ft. garage which can also be rented for added income. Keep the current tenants, or you can increase the rents with new tenants! The first-floor units has two bedrooms, remodeled bath, large eat in kitchen, and a dining room. Full basement and yard at . The second unit has separate side entrance leading to second floor and is currently month to month at $1,000. The unit features living room, dining room, one-bedroom, full bath, and large finished attic. There are separate electric and gas meters. The rent potential for this property can be increased as the warehouse tenant lease expires November 2022. There are two meters for the warehouse. There is a large office and half bath. Back warehouse roof installed in 2012, a newer garage door (14' x 12'), replaced exhaust fan, new lighting in office and warehouse. and new electrical service from main to back warehouse. There are main meter and shut off valves in the house. New plumbing drain from second floor kitchen to basement. The main house and office have newer hot water heaters. The owner has installed new concrete pavement on right side of house and a new front awning. Tenants pays gas and electric. There are five potential rents or live in one and rent the additional four.

Property Details for 40 College Street

Tax ID Number
11-14901-00002
Ownership
Fee Simple
Structure Type
Detached
Style
Colonial
Waterfront
No
Garage
No
Expected On Market Date
04-05-2022
Subdivision
CHAMBERSBURG

Location

Add your commute
LISTING UPDATED: 08/11/2022 08:14 PM

Property Details for 40 College Street

StatusClosed
MLS #NJME2014536
Days on Market58
Taxes$7,124 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1950
Lot Size0.00 AC / 0 SF
CountyMercer County

Location

Add your commute

Building Information for 40 College Street

Stories-Residences2Year Built1950Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$3,104 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,510

Property Taxes

$594

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 40 College Street

Location
Location
  • School District Name: TRENTON PUBLIC SCHOOLS
  • School District County ID: 300200396606
  • SchoolDistrictSource: Listing Agent
  • Elementary School: WASHINGTON E.S. (MERCER NJ)
  • ElementarySchoolSource: Listing Agent
  • High School: TRENTON CENTRAL H.S. (MERCER NJ)
  • HighSchoolSource: Listing Agent
  • County: MERCER
  • MLS Area: Trenton City (21111)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $128,300
  • Year Assessed: 2021
  • County Tax: $0
  • Improvement Assessed Value: $28,200
  • City Town Tax: $0
  • Land Assessed Value: $100,100
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Historic: No
  • Zoning: COMMERCIAL
  • Tax Lot: 00002
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Rent Control: No
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 6,006.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 100.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Level
  • Parcel ID: 2164689
Parking
Parking
  • Type Of Parking: Driveway, On Street, Off Street
Interior Features
Interior Features
  • Fireplaces Count: 0
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: 90% Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Bucks County Association of REALTORS
  • List Agent URL: www.soldbyrena.com

Property History for 40 College Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 40 College Street

This home is within Trenton Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Washington Elementary School
PublicK to 5

HEDGEPETH WILLIAM MIDDLE SCHOOL
Public6 to 8

Trenton Central High School West
Public9 to 12

Trenton Central High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.