$899,999

724 DIVISION ST, Trenton, NJ 08611

  • 4,905 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1897
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $183/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

**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 a 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 11.19% 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)

Listing Status:
Active
Data Last Updated:
June 14, 2026 at 3:19PM
Listing Office:
Century 21 Alliance-Moorestown : 8562354664
Listing Agent:
Andrei Essam Mounir Gayed : 6093215893
MLS ID:
NJME2069098
  • A/C: None
  • Heating: RadiatorOil
  • Disability Feature: None
  • General: Above Grade
  • Style: Other
  • General: FrameOther
  • Originating MLS: BRIGHT_MAIN
  • School District: TRENTON PUBLIC SCHOOLS
  • County: MERCER-NJ
  • Zoning: RESIDENTIAL11-19302-00025
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Andrei Essam Mounir Gayed , Century 21 Alliance-Moorestown

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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#NJME2072270 - Gambourg Properties Inc