Property

Trenton, NJ 08609 181 Locust Street

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Presented By: Keller Williams - Main Street
  • MLS# NJME2080108
  • 07/04/2026
  • Request Tour
  • Request Info
  • Beds • 7
  • Baths • 2
  • SQFT • 1,192

Home Details

Investor Alert! Strong cap rate and annual return opportunity here. This 7 bedroom 2 bathroom with a tenant already in place and generating solid rental income. The property is producing an annual NOI of approximately $5,480.60 making it an attractive addition to an investment portfolio. Bring your finishing touches and unlock even more potential. With routine upkeep. This income-producing rental is positioned to help you generate consistent monthly cash flow. This property is being sold as part of a larger portfolio with multiple locations throughout New Jersey. Buyers may be eligible for a discount when purchasing more than one property or acquiring the portfolio as a package deal. The seller can also offer creative financing options, including the potential to take over the existing mortgage on these properties. Ask about it before or after your tour. This unit is located in a ever increasing , convenient area near local parks, eateries, and entertainment to enjoy from Philadelphia and New Jersey, This rental offers both investment appeal and stable long-term tenants that need housing. The seller is selling AS IS. All units are up to date with TWP CO's and housing where necessary. Seller would like the buyer to use his title company to purchase. Buyer responsible for their own Due Diligence before purchase. Dont miss this opportunityschedule your showing today!
Presented By: Keller Williams - Main Street

Interior Features for 181 Locust Street

Bedrooms

Bedrooms Count All Upper Levels7
Bedrooms Count Upper Level 17
Total Bedrooms7

Bathrooms

Bathrooms Full Upper Level 12
Bathrooms Full All Upper Levels2
Bathrooms Count Upper Level 12.00
Bathrooms Count All Upper Levels2
Total Baths2

Other Interior Features

LivingAreaSourceAssessor
Below Grade Unfin Area UnitsSquare Feet
Below Grade Unfin SQFT0
Below Grade Unfin SQFT SourceAssessor
Above Grade Finished Area1192
Above Grade Finished Area SourceAssessor
Above Grade Finished Area Unit TypeSquare Feet
BasementFull, Unfinished
Basement (Y/N)Yes
Below Grade Finished Area
Below Grade Finished Area SourceAssessor
Below Grade Finished Area Unit TypeSquare Feet
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Laundry TypeBasement

Other Rooms

Room TypeLiving Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1

Room Details for 181 Locust Street

Bedroom 1

area 0 X 0
level Upper 1

Bedroom 2

area 0 X 0
level Upper 1

Bedroom 3

area 0 X 0
level Upper 1

Dining Room

area 0 X 0
level Main

Kitchen

area 0 X 0
level Main
description Kitchen - Gas Cooking

Living Room

area 0 X 0
level Main

Primary Bedroom

area 0 X 0
level Upper 1

Primary Bedroom # 2

level Unspecified

General for 181 Locust Street

Acceptable FinancingFHA 203(b), Cash, Negotiable, Seller Financing, Conventional
AccessibilityNone
Architectural StyleColonial
CityTRENTON
Condo/Coop Association fee Y/NNo
Construction MaterialsBrick
Cool FuelNatural Gas
CoolingNone
CountyMERCER
DirectionsFrom I-295, take Exit 60A to Route 129 North. Continue toward downtown Trenton, then follow local streets to Locust Street. Property offers convenient access to Routes 1, 29, 129, and I-295, and is just mi
DisclosuresNone
ExclusionsTenant's Personal Property
Full Baths2
Garage Y/NNo
HOANo
HeatingHot Water
Levels2
Living Area1192
Lot Size Square Feet1708.00
Lot Size UnitsSquare Feet
MLS AreaTrenton City (21111)
MunicipalityTRENTON CITY
New ConstructionNo
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
Possession0-30 Days CD
Price Per Sq Ft Total AG180.37
Property TypeResidential
School DistrictTRENTON PUBLIC SCHOOLS
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Subdivision NameNONE AVAILABLE
Tax Annual Amount2385.0
Tax Assessed Value40500.0
Tax Lot00017
Tax Year2025
Total Rooms7
Total SQFT1192
TransportationBus Stop less than 1 mile
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1905
Year Built SourceEstimated
ZoningRES

Exterior for 181 Locust Street

Foundation DetailsBrick/Mortar
InclusionsAll Appliances and Fixtures are being transferred in their AS IS Condition.
Land Use Code
Lot Dimensions14.00 x 122.00
Lot Size Acres0.04
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Brian Lee

Associate
Price $215,000
MLS#NJME2080108
List Date 07/04/2026
Property Type Townhouse
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