629 Monmouth St, Trenton, NJ 08609

Start off the spring of 2016 with immediate cash flow, with this 5-unit apartment building that is fully rented, upgraded and ready to roll. All units are 1 bedroom, inspected and licensed. No issues or liens. Trenton, Chambersburg area, Between Hamilton Ave and Greenwood Ave. Rent roll: 3,320 per month or 39,840 in gross income per year!!!! Sale price 167,500. Less than 34,000/unit. Income from day one. 5 individual rental units with separate entrances, full kitchens, bathrooms and bedrooms. Fully operational. Income generation from day one. Annual Expenses: 17,800 consisting of: Insurance 2,400 (200/month), Water, 1,850 (154/month), Gas & Electric Utilities 2,500 (208/month). Gross profit before NOI 20,500. 14 Cap Rate. 12 cash on cash rate. Owner pays for heat and hot water. Tenant pays for Electric. Annual Taxes 8,800 (733/month). Located just blocks from Trenton Train Station and Marys Hospital. Great investment opportunity waiting for you. Don't delay. Reach out to rep today.