About 328 - 334 E State St
This renowned and iconic building is currently undergoing an extensive renovation, encompassing new fire escapes, refreshed exterior stucco, upgraded windows, and a brand-new roof. The project includes the transformation of five residential rental units, a street-accessible retail space, and a former restaurant. - no restaurant equipment included. the building has also been equipped with eight electric meters. This offering includes lots 00002.01 and 00003. construction is 100% completed. the 5 residential units have been newly leased. Call LA for details. this building generates income from 5 residential units, 2 retail/commercial units, 1bill billboard. Landlord is in the process of leasing out retail units unless new buyer wants to purchase vacant Estimated gross income is projected conservatively $149,000/gross yearly. All 5 residential units have been recently leased. Landlord is in the process of leasing the retail/commercial units unless new buyer wants them vacant. Disclaimer: floor plans and dimension are estimated to be accurate to the best of our knowledge.
Features of 328 - 334 E State St
| MLS® # | NJME2040740 |
|---|---|
| Price | $1,159,000 |
| Bathrooms | 0.00 |
| Acres | 0.07 |
| Year Built | 1950 |
| Type | Commercial Sale |
| Sub-Type | Five Or More Units |
| Status | Active |
Community Information
| Address | 328 - 334 E State St |
|---|---|
| Area | Trenton City (21111) |
| City | TRENTON |
| County | MERCER-NJ |
| State | NJ |
| Municipality | TRENTON CITY |
| Zip Code | 08608 |
Amenities
| Utilities | Electric Available, Natural Gas Available |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central A/C |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 3 |
Exterior
| Exterior | Frame |
|---|---|
| Roof | Rubber, Flat |
School Information
| District | TRENTON PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | March 26th, 2024 |
|---|---|
| Days on Market | 471 |
| Zoning | MIXED USE |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Diamond Homes Realty |
|---|---|
| Contact Info | 6099477737 |