78 JERSEY ST Trenton, NJ 08611

1 Year Home Warranty - Property is being sold with a Certificate of Occupancy and it is being sold with a tenant - TURN KEY INVESTMENT! The tenant currently pays $1,000 per month. This is a turn-key operation and a great opportunity for an investor looking to acquire a friendly-priced investment property. The roof is approximately 8 years young and the heating systems are about 5 years young. When you walk into the home, you're greeted by a large living/great room area. The next on the main floor is a spacious dining room before you enter the kitchen. There is also a mudroom at the back of the main floor leading out to a fenced backyard. The second floor has 3 bedrooms and a nicely updated bathroom. 4th bedroom is on the 3rd floor, which has been fully finished with closet space. Great rental income and low tax makes this an ideal home for return on investment. Home being sold with a 1 year warranty "Shield Essential Plan" from American Home Shield. Currently rented and tenant is paying $1,000 per month. Current taxes and insurance are about $4,000 combined. $12,000 gross income means you would net $8,000 per year. This is 14.5% return on investment! If you're able to borrow, you can enjoy an even higher return on investment. For example, 25% Down Payment ($13,750) - 30 Yr Amortization - 5% Interest - $221.45 Monthly Payment - $2,657.40 Yearly Payment. If leveraged using this example, your initial investment is the $13,750 down payment. After taxes, insurance, and mortgage payments, you net $5,342.60 each year. This is a 38.8% return on investment!