53 Crown Street

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Listing Description

WELCOME! Come see 53 Crown Street, a charming and updated century home duplex located on a quiet street in the heart of Trenton, just steps from bus routes, schools, the hospital, and all major amenities. This legal duplex features a 2-bedroom upper unit currently rented at $1,365.81/month plus utilities, and a spacious 2-bedroom + den lower unit with a fully fenced side yard, renting for $1,900/month plus utilities. Both units have completely separate utilities, and the property has seen numerous updates over the past three years, including fresh paint throughout, new flooring in most rooms, a fully renovated lower unit kitchen with tile backsplash, countertops, cupboards, new oven and ceramic tile, a new oven and shower tile upstairs, and the big-ticket items: a waterproofed basement, and roof - plus both units have their own separate furnace and A/C (all just over 10 years old). The triple-wide, double-deep driveway provides ample parking, and the home is occupied by excellent, respectful tenants. This is a turnkey investment offering strong cash flow, even with just 20% down AND while using/budgeting Olympus Property Management and regular maintenance. Full income and expense proforma available!