24 Sanford St, Trenton City, NJ 08618
24 Sanford St, Trenton City, NJ 08618
24 Sanford St, Trenton City, NJ 08618
24 Sanford St, Trenton City, NJ 08618
24 Sanford St, Trenton City, NJ 08618
24 Sanford St, Trenton City, NJ 08618
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$ 329,999
Est. payment | /mo

5 Beds

2 Baths

2,287 SqFt


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$ 329,999
Est. payment | /mo
Save

5 Beds

2 Baths

2,287 SqFt

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,287 sqft

Price per Sqft $144

MLS Listing ID 4045674

Style 2-Two Story

Bedrooms 5

Full Baths 2

Year Built 1887

Annual Tax Amount $4,105

Tax Year 2025

Lot Size 2,178 Sqft

Property Description

Welcome to 24 Sanford St an income-producing, turnkey two-family property designed for investors and owner-occupants seeking strong rental potential with minimal near-term improvements. Renovated in 2023, the property features updated kitchens and finishes, separate utilities, updated electrical panels, wall-mounted heating, a new hot-water tank, and a roof approximately two years old.Generating approximately $3,700 in monthly rental income and offering an estimated 7% cap rate, this property presents an attractive opportunity for portfolio investors and first-time buyers looking to offset their mortgage by living in one unit and renting the other.With major improvements already completed, low anticipated rehabilitation needs, and efficient property management, 24 Sanford St offers immediate cash-flow potential and long-term value. A compelling opportunity for buyers searching nationwide for an affordable, low-maintenance multifamily investment.

Location

State NJ

County Mercer

Zoning compliance

Rooms

Basement Full

Interior

Interior Features Fire Extinguisher, Security System, See Remarks, Smoke Detector

Heating Electric

Cooling Wall A/C Unit(s)

Heat Source Electric

Exterior

Exterior Feature Brick, See Remarks, Vinyl Siding

Parking Features None

Utilities Available Electric, See Remarks

Roof Type Asphalt Shingle, See Remarks

Building

Sewer Public Available, Public Sewer

Water Public Water

Architectural Style 2-Two Story

Schools

Elementary Schools Pj Hill

Middle Schools G Dunn

High Schools Trenton

Others

Senior Community No

Garden State MLS(GSMLS)
Listed by UNITED REAL ESTATE

NEARBY SCHOOLS & PROPERTIES

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David Burris
David Burris

Principal / Agent | License ID: 1973254

+1(609) 304-4202

513 S Lenola Rd, Moorestown, NJ 08057, United States

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24 Sanford St