Overview
- Detached, Residential Income
- 0.19
- 1899
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.
Address
Open on Google Maps- Address 307 HAMILTON AVENUE
- City Trenton
- State/county NJ
- Zip/Postal Code 08609
- Country US
Details
Updated on January 30, 2025 at 5:43 pm- Property ID: NJME2053988
- Price: $549,500
- Land Area: 0.19 Acres
- Garage Size: x x
- Year Built: 1899
- Property Type: Detached, Residential Income
- Property Status: Active
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