For Sale By Owner

Gorgeous legal 2-Family, single/detached building on an expansive double-lot in the heart of upscale Villa Park area of Trenton, located on a quiet, one-way street within 3 -- 5 minutes walk from St. Francis Hospital and community tennis courts, and about 2 miles from the renovated and expanded Trenton Train Station. Renovated in 2006 with wood floors, ceramic tile in kitchen and bath, new appliances, tasteful interior decor, gas heat and upgraded electric, this property features separate utilities and separate entrances for the 2 units (currently tenant occupied), newer vinyl siding and slate-roof. The fenced yard has a brick barbeque, and paved parking for 3-cars in the rear. All appliances (2 refrigerators, 2 gas stoves, a washer, a dryer, and 1st floor air-conditioning unit) included as is in the sale. Tax: $4400 (2010)

This property is being sold as a package with three (3) other properties (total of 4), all are fully occupied with good/longterm tenants, renovated within the last 4 years, as described:

1. 812 Melrose Ave., 2-family detached, Gross Annual Rent = $21,300 (Approx. Tax = $4400)

2. 1413 S. Broad St., 2-family semi-detached, Gr. Annual Rent = $20,040 (Approx. Tax= $3400)

3. 26 E. Paul, 1-fam.semi-det. driveway + garage, Gr. Annual Rent = $13,500 (Approx Tax=$3200)

4. 109 Chestnut, 1-fam. semi-det. with driveway, Gr. Annual Rent = $12,600 (Approx. Yax= $3000)

Both 1-family properties are 3 BR and 1 BATH

Gross Annual Rent from all four (4) properties is $67,440

Total Insurance on ALL 4 is approx. $2600 per year

Total Taxes on ALL 4 is approx. $14,000 per year

Total Asking (package--must buy all 4) price: $585,900

Viewing for qualified buyers can be arranged Sunday Afternoons 2-4 PM, By Appointment Only.