819 Carteret Ave 2017-03-07T21:57:57+00:00

819 Carteret Ave, Trenton, NJ 08618

Multi-Unit: 6 Beds – 2 Bath – 2,311 sqft

Buy Now: $140,000
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Rental Revenue (Year)
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Rental Income (Year)
  • Multi – Family

  • Floor: 2,311 Sqft

  • Lot: 3,125 Sqft

  • APT 1: 2 Bed – 1 Bath

  • APT 2: 4 Bed – 2 Bath

This property is a two unit property with stable tenants. The property is turn-key from day one. The first unit is 2 bedroom and 1 bathroom with rent of $950 a month. The second unit is 4 bedroom and 1 bathroom with rent of $1,300. The property was fully renovated with new floors, new appliances, new furnace, water tank and much more.

 

Estimated yearly income and expenses of all the necessary costs for maintaining the property.

Income

Rental Income: $27,000/year or $2,250/month

Expenses

Estimated Property Taxes: $4,116/year or $343/month

Management Fee: $1200/year or $100/month

Insurance: $600/year or $50/month

Permit: $115/year or $9.58/month (Rental Permit)

Total Expenses: $6,031/year or $502.58/month

Net Income

Net Income: $20,969/year or $1,747/month