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Updated about 5 years ago,
Trenton, NJ - Analysis
I recently came across a property in Trenton, NJ that I’d like to make my first deal but has put me into “analysis paralysis”. The duplex is listed at $130,000 and currently has a combined rent of $1750 per month. The tenants are on month to month leases. So as far as I can tell, this property would immediately cash flow. I am starting to get worried that this sounds too good to be true. Can anyone offer any insight on something I may be missing/not considering? Also any insight on signs of appreciation in trenton?