825 Walnut Ave, Trenton, NJ 08609

$215,000
4
BD
1
BA
1,253
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$215,000
Days on Market
23
Status
ACTIVE
MLS#
NJME2080076
Bedrooms
4
Bathrooms
1
Full Baths
1
Living Area
1,253
Lot Size (Acres)
0.03
Style
Traditional
Year Built
1911
County
Mercer
School District
Trenton Public Schools

Property Description

Investor Alert! Strong cap rate and annual return opportunity here. This 4 bedroom 1 bathroom with a tenant already in place and generating solid rental income. The property is producing an annual NOI of approximately $18,000 making it an attractive addition to an investment portfolio. Bring your finishing touches and unlock even more potential. With routine upkeep. This income-producing rental is positioned to help you generate consistent monthly cash flow. This property is being sold as part of a larger portfolio with multiple locations throughout New Jersey. Buyers may be eligible for a discount when purchasing more than one property or acquiring the portfolio as a package deal. The seller can also offer creative financing options, including the potential to take over the existing mortgage on these properties. Ask about it before or after your tour. This unit is located in a ever increasing , convenient area near local parks, eateries, and entertainment to enjoy from Philadelphia and New Jersey, This rental offers both investment appeal and stable long-term tenants that need housing. The seller is selling AS IS. All units are up to date with TWP CO's and housing where necessary. Seller would like the buyer to use his title company to purchase. Buyer responsible for their own Due Diligence before purchase. Don’t miss this opportunity—schedule your showing today!

Additional Information

Area
Trenton City (21111)
Subdivision
West Trenton
Taxes
$2585
School District
Trenton Public Schools
Heating
Hot Water
Heating Fuel
Natural Gas
Cooling
None
Roof
Shingle
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams - Main Street. Contact: 8568582200