Stand by
USDAProperties.com is playing suspenseful music......

 

 

 

$425,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
1617 Prospect St
Ewing, NJ 08638
5 bed None bath 1,382 SqFt ($307/SqFt)
0.29 acre lot. Built 1950
Listed 2024-04-15
USDA Eligible
near Ewing, NJ
 

Investors rejoice and Househackers rejoice.

Even with higher interest rates, this property will cash-flow. This newly renovated multi-family unit boasts a 3 bed, 1 bath on one side and a 2 bed, 1 bath on the other (both with separate entrances). The 3 bed, 1 bath can be rented for $2300 and the two bed can be rented for $1700.

If you're looking to house hack due to higher interest rates or are looking for an investment opportunity, you won't find a better one that this. With an investor loan and 20% down, your cash flow is around $1100. If you chos to live in one side and rent the other, you'll reduce your living expenses to sub $1000. However you chose to make this space yours, this unit is for you!


Presented by Timothy Crew at
BHHS Fox & Roach Princeton Home Marketing Center.
Listing Agent Photo

Property MLS #NJME2042006 from BrightMLS

Bedrooms: 5

2nd Kitchen
Basement

Cooling Features: Central A/C
Heating Features: Baseboard - Hot Water
Heating: Yes

Lot Size Acres: 0.29
Lot Size Square Feet: 12632

Parking Features: Concrete Driveway

Number of Units: 2
Number of 2 Bedroom Units: 1
Number of 3 Bedroom Units: 1

School District: EWING TOWNSHIP PUBLIC SCHOOLS

Ewing High School is a public high school located approximately 1.4 miles away.
directions icon Map directions

Incarnation-St James Elementary School is a private elementary and middle school located approximately 0.7 miles away.
directions icon Map directions

Trenton Stem-To-Civics Charter School is a public middle and high school located approximately 0.7 miles away.
directions icon Map directions

Parkway Elementary School is a public elementary school located approximately 0.9 miles away.
directions icon Map directions

Annual Tax Amount: 4000.0
Source Listing Status: Active
County: MERCER
Source Property Type: Multi-Family
Area: MERCER
Township: EWING TWP
Property Subtype: Duplex
Source System Name: C2C

Listed 2024-04-15
$425,000
BrightMLS
Listed 2024-04-15
$425,000
BrightMLS
Sold 2023-11-08
$225,000
BrightMLS
Listed 2023-10-01
$205,000
BrightMLS

Total Square Feet Living: 1382
Year Built: 1950
Construction Materials: Block
Property Age: 74
Structure Type: Detached
Architectural Style: Detached

2+ Access Exits
Click Thumbnail Images To View Full Size
house_viewhouse_viewkitchenkitchenunknown
unknownunknownunknownbathroomunknown
unknownunknownunknownunknownunknown
unknownunknownunknownunknownunknown
bathroomkitchenunknownkitchenunknown
unknownunknownunknownunknownunknown
unknownunknownunknownhouse_viewporch
house_viewroad_viewporchhouse_viewhouse_view
house_view

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.