Beschrijving
724 Division Street,
Trenton,
NJ
08611
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 an 8.66% 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)
This is an Active listing.
Broker Office Phone Number: 856-235-4664
Copyright © 2025Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Century 21 Alliance-Moorestown via Data Source: Bright MLS
Trenton City
Schooldistrict
Trenton City
Schooldistrict
trenton-trenton-nj
Schools
Prijsgeschiedenis
| date | price | variance | type |
|---|
| 10/29/2025 | $950,000 | - | Vermeld |