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Updated over 7 years ago on . Most recent reply

User Stats

62
Posts
9
Votes
Michelle Ross
  • Wholesaler
  • Trenton, NJ
9
Votes |
62
Posts

2 Unit Multifamily Fully Rented!!

Michelle Ross
  • Wholesaler
  • Trenton, NJ
Posted

2-Family Turnkey!! Trenton Rental Properties


It's tenant occupied (no C.O., but no work is needed)

Tenants pay utilities with the exception of water.
================================

Apt 1: $800/month
Apt 2: $750/month

Total Monthly Rent = $1,550
============================
Year Gross Rent = $18,600
- Taxes = $4,300
-Insurance = $1,300
-15% (Just in case misc repair + vacancy)

Projected Net Rent = $10,210

Asking $69.9k + Guesstimate Closing Costs ($2k or less)

= 14% return

SERIOUS BUYERS ONLY!! If you are interested, please have proof of funds available to submit BEFORE requesting access to view the property if want to see it. Let't not waste anyone's time. 

If interested, leave a comment below and your inquiry will be addressed privately via PM. Also, you can reach me at 

(609) 904-0114 or [email protected]

Offering

Most Popular Reply

User Stats

74
Posts
18
Votes
Christine Johanns
  • Rental Property Investor
  • Jersey City, NJ
18
Votes |
74
Posts
Christine Johanns
  • Rental Property Investor
  • Jersey City, NJ
Replied

Trenton allows tenants without a C/O ??

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