4-Plex in Trenton NJ - 100% Occupancy - 10.5% Cap

[Stephen Chatto]

Fully Occupied 4 Unit in Trenton NJ.

If You are looking for Cash Flow - 4 Units is the way to go.  The house is bringing in $3050 each month in rental income.  

Take a look at the Proforma!  We Cushioned the Proforma with a $15,000 repair budget on a Turnkey Property including expenses, and the cap rate is still 10.5% The Utilities are already separated out and Owner only pays Water and Common Area Electric.  

NOTE:  The square footage for each unit is an ESTIMATE based off the square footage on public record for the entire building of 3840.

Call For Details!

267-580-9017

[Stephen Chatto]

Originally posted by @Angel Vargas:

@Stephen Chatto

Is this already a turnkey or is the 15k an estimate of repairs needed.

 15k is an estimate of repairs that you probably want to get done (Mostly External).   But it is Rented and Cash Flowing.