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3 Beds
1 Bath
1,002 sqft

$205,000

962 MARTIN LUTHER KING BLVD, TRENTON NJ, 08638

Price per sqft$204.59
Built in1896
Property size1,002 sqft
Property typeResidential

Overview

Active

Active-bright

Listed Aug 11, 2026

Updated 5 days ago

Investor Alert! Strong cap rate and annual return opportunity here. This 3 bedroom 1 bathroom with a tenant already in place and generating solid rental income. The property is producing an annual NOI of approximately $22,400 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. Don’t miss this opportunity. No in person showings at this time. Reach out to listing agent on accessing a recording of a video tour.

$1,364/mo

Est. mortgage payment based on a $205,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
NJME2080090

Interior Features

Bedrooms
3
Bathrooms
1
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.04 Acres

Other Property Details

Taxes
$2,167
Tax Frequency
Annually
55+/Senior Community
No
MLS provider logo

Listed by Keller Williams - Main Street
Listing Contact: 8565344238 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 10/2/2026 at 12:27 AM UTC

 

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