1163-1167 E State St 12 Unité Immeuble d’appartements 2 063 100 $ CAD (171 925 $ CAD/Unité) 7,67% Taux de capitalisation Trenton, NJ 08609

This mixed-use property, located at 1163 East State Street in Trenton, NJ, provides investors with a combination of income-producing residential units and established commercial tenants. With a prominent corner location at East State Street and South Olden, the asset benefits from consistent visibility and accessibility within a business district setting. The building includes 10 apartments and ground-floor commercial space currently configured for retail and restaurant/bar use, offering diverse revenue streams and tenant stability with long-term occupancy noted.
The property is situated in close proximity to major roadways, including Routes 1 and 129, connecting directly to regional hubs and serving a dense urban market. Public utilities include electric, gas, heat, hot water, and water service. This is a fee simple ownership opportunity supported by strong local demand for both multifamily and retail space in the Trenton area. Buyers will appreciate the live-in site manager arrangement, existing infrastructure, and limited land opportunity in a built-out corridor.