• 486 W STATE ST, TRENTON, New Jersey, 08618

  • $144,893
3 Units Currently OCCUPIED! When looking for Multi-Family Cash Flow - 4 Units is the way to go! Property Features: * Brick Construction Multifamily Mansion with Classic Front Wrap-around Porch. * Huge, Well-Maintained Property. Up to 6 Cars of Paved Parking in Back of Property. * Separate Utilities - Owner only pays Water and Common Area Electric. * Vetted Tenants on New Leases. Full Service Property Management Available. TURNKEY OPPORTUNITY! Immediate Cash Flow! LOCATION & TRANSPORTATION: Trenton is phenomenally located, positioned right between Philadelphia and New York. Head down to the recently renovated train station and you are in either city in about 1 hour. DEMAND FOR HOUSING: Trenton being the capital of NJ has a great majority of state jobs. Trenton also borders Pennsylvania. In 2011 a law was passed that all state workers are required to live in NJ effectively cutting off any chance for those people to seek housing across the bridge in PA. INVESTMENT IN THE CITY: In recent years Trenton has seen a lot of investment in the city. The train station has been rehabilitated, the Roebling Market, Roebling Lofts, New Court House, Thomas Edison State College Expansions and New Residential construction throughout the city. Why Be a Landlord in Trenton, NJ? 1) Phenomenal return on investment. 2) Cash Flow 3) Streamlined and fair eviction process. 4) A strong rental market with high rents.
$144,893
(844) 837 - 5274
486 W STATE ST
TRENTON
New Jersey
08618
MERCER
Multi-Family
Sidewalks,StreetLights
3.0
N
28X132
4
167Years
$6,685
PostedSeptember 04, 2017