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  • $326,000

    15 Hamilton Dr, Somers Point, NJ 08244

    4beds
    --baths
    1,792sqft
    Duplex
    Built in 1970
    -- sqft lot
    $393,800 Zestimate®
    $182/sqft
    $2,575 Estimated rent

    What's special

    Multiple offers received. Highest and best by 5pm Friday 9/15. *AFFORDABLE LIVING IN SOMERS POINT* - DUPLEX, 2 BEDROOM 1 BATH Rent prices are extreme and won't be changing any time soon. The solution?Purchase a duplex and live in one unit, rent out the other. Take a look at this side-by-side rancher on a quiet street in popular Somers Point. Unit A is vacant and move-in ready - 2 bedrooms, 1 bath and newly renovated. The other unit has an identical layout and is occupied by a long-term tenant for $1500 a month (who always pays on time). Enjoy a fenced in yard, off-street parking, in-unit laundry, dishwasher, gas heat, central A/C, and more. *INVESTORS - POTENTIAL 9-10% CAP RATE* - Tenants pay for all utilities including water, lawn care and snow removal. Landlord's expenses are only $7k taxes, $1200 insurance, and sewer. Occupied unit has yearly lease in place with approximately 11 months left - ideal long-term tenant that always pays on time, $1500 a month. The empty unit is newly renovated and could rent easily for $1700 a month. Easy money so act fast before it's too late. * As-is Sale. A/C isn't working in front unit *

    Zillow last checked: 7 hours ago

    Listing updated: October 24, 2023 at 08:49am

    Listed by:

    Rebecca Stiefel 856-325-9542,

    RE/MAX Community-Williamstown

    Bought with:

    Jill Leap

    Balsley-Losco Realtors

    Source: Bright MLS,MLS#: NJAC2009632MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Window Unit(s), Multi Units, Programmable Thermostat, Natural Gas
    Appliances
    • Included: Microwave, Dishwasher, Dryer, Exhaust Fan, Oven, Refrigerator, Cooktop, Washer, Water Heater, Electric Water Heater
    Features
    • Ceiling Fan(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Family Room Off Kitchen
    • Flooring: Laminate
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,792
    • Total interior livable area: 1,792 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Free, Paved, Off Street, On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: 2+ Access Exits, Accessible Entrance
    Features
    • Pool features: None
    Lot
    • Size: 9,000 sqft
    • Dimensions: 75.00 x 120.00
    • Features: Rear Yard, SideYard(s)
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 210072300018
    • Zoning: R-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch/Rambler
    • Property subtype: Duplex
    Materials
    • Frame, Vinyl Siding
    • Foundation: Slab
    Condition
    • Very Good
    • New construction: No
    • Year built: 1970
    • Major remodel year: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Somers Point
    • Municipality: SOMERS POINT CITY

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Black Top
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

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    $393,800
    2% more+ $7,876
    With Zillow Showcase(estimated)
    $401,676