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1501 LAWRENCE RD Lawrenceville, NJ 08648
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Key Details
Sold Price $505,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,743 sqft
Price per Sqft $184
Subdivision None Available
MLS Listing ID 1000263311
Sold Date 12/22/17
Style Other
HOA Y/N N
Abv Grd Liv Area 2,743
Originating Board TREND
Year Built 1926
Annual Tax Amount $8,996
Tax Year 2016
Lot Size 0.574 Acres
Acres 0.57
Lot Dimensions 100X250
Property Description
Beautiful all brick home needs little to no maintenance of exterior fascade. If you're looking for a good investment, no need to spend money on exterior painting every few years. This property is comprised of 4 separate units with 2 of the apartments having four rooms, including living room, bedroom, kitchen and a bathroom. The 3rd apartment also includes a lobby area large enough for a table and chairs, and features built in shelving and easy access to the front or rear of the building. The 4th apartment includes a 2nd level with an additional 2 bedrooms and storage. An abundance of closets and storage spaces throughout the building. Many of the upgrades throughout the building include painting, upgrading and updating of kitchens and bathrooms, as well as a newer roof. Shared access to off-street parking, a wrap-around porch at the front of the house and a large beautiful yard. Basement is available for extra storage. Great investor opportunity with near 100% occupancy rate during the current ownership, with mostly local professionals. Building is being sold strictly "as is".
Location
State NJ
County Mercer
Area Lawrence Twp (21107)
Zoning R-2B
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Hot Water Electric
Cooling Wall Unit
Flooring Wood, Fully Carpeted, Vinyl
Fireplace N
Heat Source Natural Gas
Laundry None
Exterior
Garage Spaces 5.0
Utilities Available Cable TV Available
Waterfront N
Water Access N
Accessibility None
Parking Type Driveway, Parking Lot
Total Parking Spaces 5
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District Lawrence Township Public Schools
Others
Tax ID 07-02312-00005
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Asghar Ali Chaudhry • Keller Williams Real Estate - Princeton