505 Hamilton Avenue

    Trenton, NJ 08609
    • $349,000
    • STATUS: Active
    • ON SITE: 73 days
    • ID#: 7192321
    UPDATED: 82 min ago
    $349,000
    • 0
      BEDS
    • 0.03
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,725
      SQFT
    • $202
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:

    School Ratings & Info

    School District:
    Listing courtesy of Arc Real Estate Pa Llc.

    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!

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    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which RE/MAX Main Line participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-08-14T11:57:06.57.
    www.tomtoole.com/homes/84182716

    505 Hamilton Avenue Trenton, NJ 08609

    • Price: $349,000
    • Status: Active
    • Updated: 82 min ago
    • ID#: 7192321
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.03
    Acres
    1,725
    SQFT
    $202
    $/SQFT
    1950
    Built
    Neighborhood:
    Chambersburg
    County:
    Mercer
    Area:
    Trenton City (21111)
    School District:
    Trenton
    Property 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!
    Exterior Features

    Exterior Brick Location Downtown Lot Dimensions 16X90 Roof Shingle Roof Water Front No

    Interior Features

    Bathrooms Three+ Bathrooms Floor Tile/BrickWood Hot Water Natural Gas Interior Square Feet Source Assessor

    Property Features

    Annual Gross Expense 14065.0 Annual Gross Income 60000.0 Building Or Business CommercialLeaseholdOfficeProfessionalRetailApartmnt Bld Current Financing ConventionalOtherfin Fuel On Site On Site GasOn Site Electric Inclusion Remarks 3450 Land Only No Lot Number 00037 Property Option Sale Sewer Septic Public Sewer Tax Year 2017 Total Assessment 107600.0 Total Taxes 5332.0 Traffic Count Trf5000-9999T10000-14999 Water Public Zoning Code Com



    The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which RE/MAX Main Line participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. Copyright 2018 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-08-14T11:57:06.57.
     
    RE/MAX Main Line
    1646 West Chester Pike, Suite 2
    West Chester PA, 19382
    Listing courtesy of Arc Real Estate Pa Llc.