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307 Hamilton Avenue

TRENTON, NJ 08609
  • $549,500
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: NJME2053988
UPDATED: 42 min ago
$549,500
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,326
    SQFT
  • $103
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1899
County:

School Ratings & Info

School District:

Description

Exceptional 6-Unit Investment Property Fully Rented with Strong Cash Flow!Investors dream! This fully occupied 6-unit multifamily property is a prime income-generating asset, bringing in an impressive $67,680 in annual rental income. With a cap rate of 8.6%, this property delivers strong returns in todays market.Each unit features separate utilities, ensuring low owner expenses and maximum profitability. Tenants are responsible for their own heating, electricity, keeping operating costs efficient.Additional highlights include:* Off-street parking for 12 vehicles a rare and valuable feature!* Strong rental history consistent occupancy with reliable tenants.* Turnkey investment income-producing from day one.Whether you are a seasoned investor looking to expand your portfolio or a new buyer seeking a high-yield opportunity, this property is a must-see.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Julie Robinson and Mark Smith Associates | RE/MAX Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-13T19:52:33.08.
www.julieandmarkhomes.com/homes/159877028
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307 Hamilton Avenue TRENTON, NJ 08609

  • Price: $549,500
  • Status: Active
  • On Site: 13 Days
  • Updated: 42 min ago
  • ID#: NJME2053988
0
Beds
0
Baths
0
½ Baths
0.19
Acres
5,326
SQFT
$103
$/SQFT
1899
Built
Neighborhood:
Chambersburg
County:
Mercer
Area:
Trenton City (21111)
School District:
Trenton Public Schools
Property Description
Exceptional 6-Unit Investment Property Fully Rented with Strong Cash Flow!Investors dream! This fully occupied 6-unit multifamily property is a prime income-generating asset, bringing in an impressive $67,680 in annual rental income. With a cap rate of 8.6%, this property delivers strong returns in todays market.Each unit features separate utilities, ensuring low owner expenses and maximum profitability. Tenants are responsible for their own heating, electricity, keeping operating costs efficient.Additional highlights include:* Off-street parking for 12 vehicles a rare and valuable feature!* Strong rental history consistent occupancy with reliable tenants.* Turnkey investment income-producing from day one.Whether you are a seasoned investor looking to expand your portfolio or a new buyer seeking a high-yield opportunity, this property is a must-see.
Exterior Features

Architectural Style Other Construction Materials Frame Garage YN No Parking Types DrivewayOn StreetParking Lot Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 5326 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(s) Fireplace YN No Heating Other Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0 Units Furnished None

Property Features

Accessibility Features None Central Air YN No Cooling Fuel Other Existing Lease Type Yearly Foundation Details Brick/Mortar Gross Income 67680.00 Heating Fuel Natural Gas Hot Water Natural Gas Insurance Expense 4100.00 Maintenance Expense 2000.00 Municipality TRENTON CITY Navigable Water YN N Net Operating Income 47260.00 New Construction YN No Number Of Units Leased 6 Number Of Units Total 4 Number Of Units Vacant 0 Operating Expense 20420.00 Original MLSNumber 803603336640 Owner Pays InsuranceWaterTaxes - Real EstateRepairsSewer Ownership Interest Fee Simple Pool Expense 0.00 Property Sub Type Other Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 12570.00 Tax Lot 00035 Total Actual Rent 67680.00 Trash Expense 0.00 Vacation Rental YN No Water Source Public Zoning HIST

Listing courtesy of Smires & Associates: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Julie Robinson and Mark Smith Associates | RE/MAX Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-13T19:52:33.08.
 
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9711 Washingtonian Blvd. Suite 160
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