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28057203
27901056

724 Division St, Trenton, NJ 08611

AG
NJ NJ 2447352
CENTURY 21 Alliance
Listed by CENTURY 21 Alliance
$890,000
242 days on market
Updated 13 days ago

Cashflowing Sixplex

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,905
Units 6
Cap Rate 9.24%
NOI $82,244
Occupancy 100%
Pro-Forma Cap Rate 11.94%
Pro-Forma NOI $106,292
Price per SqFt $181
Broker Co-Op Yes
Class A
Year Built 1897
Buildings 1
Stories 3

Cashflowing sixplex

Marketing description

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 8.66% 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)


Investment highlights

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 8.66% 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 Contacts

AG
NJ NJ 2447352
CENTURY 21 Alliance
Listed by CENTURY 21 Alliance

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$82,244.00
$6,853.67/mo

Valuation Metrics

0
DSCR
9.24%
Cap Rate
9.24%
ROI

Map

Zoning

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RH-1 ResidentialMulti FamilyHigh Density Residential District
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Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Andrei Gayed
License
NJ 2447352
Brokerage
Century 21 Alliance
Brokerage Phone
6093215893
Title
Realtor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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