724 Division St, Trenton, NJ 08611
Local realty services provided by:ERA Byrne Realty
724 Division St,Trenton, NJ 08611
$899,999
- 7 Beds
- - Baths
- 4,905 sq. ft.
- Multi-family
- Active
Listed by: andrei essam mounir gayed, david elijah beaty
Office: century 21 alliance-moorestown
MLS#:NJME2069098
Source:BRIGHTMLS
Price summary
- Price:$899,999
- Price per sq. ft.:$183.49
About this home
**MAKE SURE YOU ARE ON TIME TO ALL SHOWINGS, PROPERTY MANAGER WILL LEAVE AFTER 10 MINUTES OF BEING LATE** Introducing 724 Division Street, a turnkey 6-unit commercial/multifamily property located in the heart of Trenton, NJ. This well-maintained investment opportunity offers a strong in-place rent roll, additional parking income, and minimal owner expenses ‹” ideal for investors seeking reliable cash flow and long-term asset appreciation.Fantastic investment opportunity! Five units are 1 bed/1 bath, and the sixth unit is a 2 bed/1 bath. Parking lot currently rented for $750/month, bringing total gross monthly income to $8,796. Annual net income of $82,244 after expenses with an 9.1% cap rate!!!!!!!Estimated Section 8 rents could generate $10,050/month, producing an annual net income of $106,292 after expenses and an impressive 11.8% cap rate! Excellent cash flow and strong upside potential!!!!!!! (CALL Andrei Gayed or David Beaty for more information and to schedule a tour & to see the Pro Forma made for this property)...
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Home facts
- Year built:1897
- Listing ID #:NJME2069098
- Added:200 day(s) ago
- Updated:May 18, 2026 at 02:04 PM
Rooms and interior
- Bedrooms:7
- Living area:4,905 sq. ft.
Heating and cooling
- Heating:Oil, Radiator
Structure and exterior
- Year built:1897
- Building area:4,905 sq. ft.
- Construction Materials:Frame
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$899,999
- Price per sq. ft.:$183.49
- Tax amount:$11,108 (2024)
Parking
- Parking description:On Street, Parking Lot
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