24 Sanford Street, Trenton NJ 08618, 1111 - Trenton, NJ 08618

$329,999
2
BA
2,287
SqFt

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List Price
$329,999
Days on Market
22
Status
ACTIVE
MLS#
2703098R
Bathrooms
2
Living Area
2,287
Lot Size (Acres)
0.0528
Year Built
1887
County
Mercer

Property Description

Welcome to 24 Sanford Stan 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.

Additional Information

Stories
2
Interior Features
Unit 1(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room,See Remarks), Unit 2(Dining Room,3 Bedrooms,Kitchen,1 Bath,Living Room,See Remarks)
Exterior Features
Patio, Sidewalk, Fencing/Wall, Yard
Cooling
Mini Split,A/C Wall Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit)
Roof
Asphalt
Utilities
Electricity Connected, See Remarks
Water
Public

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Calculator source: Real Geeks

Listing courtesy of UNITED R.E. OF NORTH JERSEY. Contact:

Listing Courtesy Of UNITED R.E. OF NORTH JERSEY, Contact:

Listing courtesy of UNITED R.E. OF NORTH JERSEY. Contact:


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