724 DIVISION St, Trenton, NJ 08611
- Sqft
- 4,905
View property features, location on map, relevant school information and overview from seller's agent.
- 6
- 0
Overview
**MAKE SURE YOU ARE ON TIME TO ALL SHOWINGS, PROPERTY MANAGER WILL LEAVE AFTER 10 MINUTES OF BEING LATE**Introducing 724 Division Street, a turnkey 6-unit commercial/multifamily property located in the heart of Trenton, NJ. This well-maintained investment opportunity offers a strong in-place rent roll, additional parking income, and minimal owner expenses — ideal for investors seeking reliable cash flow and long-term asset appreciation.
Fantastic investment opportunity! Five units are 1 bed/1 bath, and the sixth unit is a 2 bed/1 bath. Parking lot currently rented for $750/month, bringing total gross monthly income to $8,796. Annual net income of $82,244 after expenses with a 9.1% cap rate!
!!!!!!Estimated Section 8 rents could generate $10,050/month, producing an annual net income of $106,292 after expenses and an impressive 11.19% cap rate! Excellent cash flow and strong upside potential!!!!!!! (CALL Andrei Gayed or David Beaty for more information and to schedule a tour & to see the Pro Forma made for this property)
Location
Full feature list
Basic info
- Property type
- Other residential
- Square feet
- 4,905
- Year built
- 1897
Utilities
- Heating
- Oil
- Cooling
- None
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2024)
- $11,108
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Bright MLS MLS®#: NJME2069098 Last checked: …
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