Property
Trenton, NJ 08618 152 Prospect Street
$499,900
8 more
Presented By: EXP Realty, LLC
Beds • 7
Home Details
**Investment Opportunity Mixed-Use 6-Unit Brick Building in Trenton**
Welcome to **152 Prospect Street**, a solid brick three-story mixed-use building built in 1950, located in the heart of Trenton, NJ. This versatile property offers **six total units** including:
* **One storefront** formerly operated as a restaurant/takeout
* **One office unit**
* **Four residential apartments**:
* (2) One-bedroom units
* (1) Two-bedroom unit
* (1) Three-bedroom unit
Currently, **two of the six units are occupied**, providing immediate income while leaving plenty of upside potential for the savvy investor:
* The **one-bedroom apartment** is rented at **\$850/month** on a **month-to-month lease**
* The **three-bedroom apartment** is leased for **\$1,250/month** on a **two-year lease**
This property is perfect for an owner-user or investor looking to **add value and increase cash flow**. With multiple vacant units ready to be leased, you have the opportunity to set market rents and customize your tenant mix.
Dont miss this rare chance to own a **multi-use income-producing property** in a prime location!
Presented By: EXP Realty, LLC
Interior Features for 152 Prospect Street
Bedrooms
Three Bedroom Units Count1
Other Interior Features
LivingAreaSourceEstimated
BasementPartial
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
FlooringCeramic Tile, Hardwood, Laminated, Vinyl
Furnished UnitsNone
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Laundry TypeNone
Number of Elevators
Total Stories3
General for 152 Prospect Street
Acceptable FinancingCash, Conventional
AccessibilityNone
Architectural StyleTraditional
Association Recreation FeeN
CityTRENTON
Construction MaterialsBrick, Vinyl Siding
Cool FuelNone
CoolingAttic Fan, Window Unit(s)
CountyMERCER
DirectionsWest State Street to Prospect Street or Olden Avenue to Prospect
DisclosuresNone
Electric200+ Amp Service
Garage Y/NNo
HeatingForced Air
Historic Y/NNo
Home Warranty Y/NNo
Lease TypeYearly
Living Area4436
Location TypeUrban
Lot Size Square Feet0.05
Lot Size UnitsSquare Feet
MLS AreaTrenton City (21111)
ModificationTimestamp2025-09-03T22:55:43
MunicipalityTRENTON CITY
New ConstructionNo
Number Of Units Total4
Number of Units Leased6
NumberOfUnitsVacant4
One Bedroom Units Count2
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 3
OwnerPaysInsurance, Sewer, Taxes - Real Estate, Water
OwnershipFee Simple
Possession0-30 Days CD, Immediate
Price Per Sq Ft Total AG112.69
Property ConditionGood
Property SubtypeOther
Property TypeMulti-Family
Rent Control Y/NYes
RoofBuilt-Up
School DistrictTRENTON PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Subdivision NamePROSPECT HEIGHTS
Tax Annual Amount13069.0
Tax Assessed Value225300.0
Tax Lot00032
Tax Year2024
Total Rooms20
Total SQFT4436
Two Bedroom1
UtilitiesCable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1950
Year Built SourceEstimated
ZoningMIX USE
Exterior for 152 Prospect Street
Foundation DetailsBlock
Land Assessed Value31600.00
Land Use Code
Lot Dimensions20 x 100
Lot FeaturesCorner
Lot Size Acres0.00
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Road ResponsibilityCity/County
Road Surface TypeBlack Top
SpaNo
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Central High School
Middle School
Arthur Holland M.S.
Elementary School
B.C Gregory Elementary School
Brian Lee
Associate