Apartmnt Bld,Commercial,ResInvestmnt - TRENTON, NJ
Rarely do these opportunities come available. This property is fully occupied 13 tenant rooming house and a two car garage (currently used by the owner). It has 3 completely renovated bathrooms and NO kitchen. This property is a cash cow and has produced consistently for the current owner. Property has been maintained and kept up. Rent roll to be provided upon request, average room rents for $525. per month. The annual expense are $18,000. per year. Here are the annual expenses. Water and Sewer bill is $1,200. PSE&G for gas, heat and electric are $9,000. Insurance is $6,800. Annual maintenance is approximately $1,500. Regulatory fees (inspections, registration, etc.)are $1,000. per year. Property is convenient to the bus line. This cash cow is producing over $3,000. net income.
Would you like more information regarding this property?
Please call (609) 987-8889.
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