62-unit multi-family property for sale in Trenton, NJ operating at 100% occupancy. The property contains 75 parking spaces for tenants, 30 of the units have been renovated, and there is a brand-new roof fully installed with solar panels. There is assumable debt on the property with an outstanding balance of 4,600,000 at 3.75% interest rate. Currently 1.5 years remaining on the loan. The average market asking rent per unit is 1,521 and the average asking rent for the property is $1,094. The property is also conveniently located near the Trenton Transit Center, Hamilton Commuter Rail, and Trenton Mercer Airport. Pricing guidance is $6,900,000 - $111K.
