505 Hamilton Avenue, Trenton, NJ 08609 | MLS 7192321 | Listing Information | Real Living Preferred Real Estate | Real Living Real Estate
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(908) 707-0580

505 Hamilton Avenue,  Trenton NJ, 08609

Status: Active
MLS#: 7192321
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Real Living Preferred Real Estate
(908) 707-0580

Listing Provided Courtesy Of: ARC Real Estate PA LLC
Last Updated: 8/15/2018 7:57 AM
Description for 505 Hamilton Avenue Trenton, NJ 08609
This is an amazing investment property for the right buyer! The property makes 60,000 a year in gross income with only 14,065 a year in expenses giving you a net income of 45,935 and a cap rate of 12%. You have two stores on the street level that are in great condition and two apartments upstairs, one of which has just been fully renovated, you also have a full basement!(Totaling 3,342 square feet for both buildings.) Other excellent aspects of the property: you are in a super high traffic business area in one of Trenton's busiest commercial areas with plenty of side street parking and walk in traffic for your business. You're just a short walk from SaintFrancis Medical Center and the newly rebuilt Trenton High School and Columbus Park. (Important note, both 505 and 507 Hamilton Ave are being sold together for the advertised price, they are on different tax id's.) Please be sure to watch the video tour and schedule a showing today!
Price
$349,000
Chambersburg
MERCER
7192321
Active
Description
This is an amazing investment property for the right buyer! The property makes 60,000 a year in gross income with only 14,065 a year in expenses giving you a net income of 45,935 and a cap rate of 12%. You have two stores on the street level that are in great condition and two apartments upstairs, one of which has just been fully renovated, you also have a full basement!(Totaling 3,342 square feet for both buildings.) Other excellent aspects of the property: you are in a super high traffic business area in one of Trenton's busiest commercial areas with plenty of side street parking and walk in traffic for your business. You're just a short walk from SaintFrancis Medical Center and the newly rebuilt Trenton High School and Columbus Park. (Important note, both 505 and 507 Hamilton Ave are being sold together for the advertised price, they are on different tax id's.) Please be sure to watch the video tour and schedule a showing today!
Listing Information
Property Type: General Commercial, Other
0.03 Acres 3O $202.32
1950
Chambersburg
Onsite Gas, Onsite Electric
Neighborhood
School Information
District: Trenton
Room Information
Interior Features
3
Exterior / Lot Features
Brick
Shingle
None
16X90
COM
Downtown, Professional Center
Financial Considerations
$5,332
2017
Conventional,OtherFin
Listing Price History

Trenton Real Estate

Trenton is located in New Jersey. Trenton, New Jersey 08609 has a population of 84,225.

The median household income in Trenton, New Jersey 08609 is $35,647. The median household income for the surrounding county is $74,118 compared to the national median of $53,482. The median age of people living in Trenton 08609 is 33.5 years.

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Courtesy: ARC Real Estate PA LLC
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 8/15/2018 7:57 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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