Bought with Nathaniel S Parker • RE/MAX One Select
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307 HAMILTON AVE Trenton, NJ 08609
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Key Details
Sold Price $530,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 5,326 sqft
Price per Sqft $99
Subdivision Chambersburg
MLS Listing ID NJME2053988
Sold Date 04/29/25
Style Other
Abv Grd Liv Area 5,326
Originating Board BRIGHT
Year Built 1899
Annual Tax Amount $12,570
Tax Year 2024
Lot Size 8,250 Sqft
Acres 0.19
Lot Dimensions 50.00 x 165.00
Property Sub-Type Detached
Property Description
Exceptional 6-Unit Investment Property Fully Rented with Strong Cash Flow!
Investor's 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.
Location
State NJ
County Mercer
Area Trenton City (21111)
Zoning HIST
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Other
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 12.0
Water Access N
Accessibility None
Total Parking Spaces 12
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Trenton Public Schools
Others
Tax ID 11-15401-00035
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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