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RESTAURANT PLUS FOUR APARTMENTS 192 S Broad St

5 Unit Apartment Building $795,000 ($159,000/Unit) Trenton, NJ 08608

Apartment Buildings New Jersey Trenton 192 S Broad St, Trenton, NJ 08608

Investment Highlights

  • HEAVY DAYTIME TRAFFIC
  • HEAVILY POPULATED
  • WALKING DISTANCE TO THOUSANDS OF STATE AND COUNTY OFFICES AND EMPLOYEES
  • DOWNTOWN LOCATION
  • 4 APARTMENTS FULLY LEASED

Executive Summary

MULTI-FAMILY (4 APTS FULLY RENTED)/ PLUS FULLY OPERATING RESTAURANT WITH SEATING FOR 70 LOCATED IN THE DOWNTOWN AREA OF THE CITY OF TRENTON. THE LONG-ESTABLISHED RESTAURANT HAS BEEN SERVICING THE STATE AND COUNTY OFFICES AND ALL ITS THOUSANDS OF EMPLOYEES FOR DECADES. A GREAT OPPORTUNITY FOR AN EXPERIENCED OPERATOR OR INVESTOR. NEW RESIDENTIAL COMPLEX FOR 130 FAMILIES CURRENTLY UNDER CONSTRUCTION ON THE VERY NEXT BLOCK.
MOTIVATED SELLER PLEASE BRING ALL OFFERS !

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $795,000 Lot Size 0.05 AC
Price Per Unit $159,000 Building Size 4,700 SF
Sale Type Investment Average Occupancy 100%
No. Units 5 No. Stories 3
Property Type Multifamily Year Built 1950
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style Mid Rise
Price $795,000
Price Per Unit $159,000
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Mid Rise
Lot Size 0.05 AC
Building Size 4,700 SF
Average Occupancy 100%
No. Stories 3
Year Built 1950
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Site Amenities

  • On-Site Retail

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - -
1 of 1
Walk Score ®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 11-09501-0000-00009 Improvements Assessment $131,600 (2024)
Land Assessment $52,700 (2024) Total Assessment $184,300 (2024)

PROPERTY TAXES

Parcel Number
11-09501-0000-00009
Land Assessment
$52,700 (2024)
Improvements Assessment
$131,600 (2024)
Total Assessment
$184,300 (2024)

zoning

Zoning Code COMMERCIAL
COMMERCIAL
(609) 575-9597

Contact

  • Listing ID: 32308275

  • Date on Market: 7/1/2024

  • Last Updated:

  • Address: 192 S Broad St, Trenton, NJ 08608

More public record information on 192 S Broad St, Trenton, NJ 08608

The Trenton Multifamily Property at 192 S Broad St, Trenton, NJ 08608 is currently available. Contact Hector Olaya Real Estate Broker for more information.

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RESTAURANT PLUS FOUR APARTMENTS | 192 S Broad St
(609) 575-9597 x

RESTAURANT PLUS FOUR APARTMENTS | 192 S Broad St

Hector Olaya

(609) 575-9597

(609) 575-9597

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