MLS#NJME2069076
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLTRENTON PUBLIC SCHOOLS
Property Description
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 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 11.8% 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)
Property Features
Property Type: Commercial -
Cooling: None
Fuel Type: Oil
Heating: Radiator
Lot Size: 0.00 Acre(S)
Taxes: $11,108
Year Built: 1897
Feature Descriptions
Days on Site: 153
Exterior: Frame
Lot Dimensions: 0.00 Acre(S)
Municipality: TRENTON CITY
Sewer: Public Sewer
Total Garage/Parking Spaces: 4
Water: Public
Local Schools
School District: TRENTON PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Century 21 Alliance-Moorestown
Agency Phone: 8562354664
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
724 Division Street | MLS# NJME2069076
This commercial property located at 724 Division Street, Trenton, NJ 08611 is currently listed for sale with an asking price of $899,999. Division Street is located within the TRENTON PUBLIC SCHOOLS school district. Search Trenton real estate on www.realtymarkllc.com today.