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849 W. State Street
Trenton, NJ 08618
Asking Price
$1000K
Cap Rate
8.26%
Asset Type
Executive Office Office
Class
Class B
What's Special
Office | 8.26% CAP | 6,020 SqFt <ul><li>6,020± SF 3-story building Fully Leased</li><li>Converted into offices and situated on 0.35 acres</li><li>2,075 SF basement.</li><li>Parking for 8 vehicles</li><li>Zoned: C1</li><li>Originally built in 1916. Fully renovated in 2016</li><li>Power: two-phase, ±200 amps.</li><li>Each floor is separately metered.</li><li>Security system with 9 cameras and alarm.</li><li>Tenant pays electricity. Landlord pays for trash, water, hot water, yard maintenance and sewer.</li><li>The bui
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.449
Annual Cash Flow
$20,630.607
