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Sold
  • $530,000

    307 Hamilton Ave, Trenton, NJ 08609

    6beds
    6baths
    5,326sqft
    Multi Family
    Built in 1899
    -- sqft lot
    $530,400 Zestimate®
    $100/sqft
    $-- HOA

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: May 06, 2025 at 04:55am

    Listed by:

    Dewey Nami 609-977-4213,

    Smires & Associates

    Bought with:

    Nathaniel Parker, 1967862

    RE/MAX One Select

    Source: Bright MLS,MLS#: NJME2053988MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    Basement
    • Area: 0
    Heating
    • Other, Natural Gas
    Cooling
    • Window Unit(s), Other
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 5,326
    • Total interior livable area: 5,326 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Driveway, On Street, Parking Lot
    • Uncovered spaces: 12
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 8,250 sqft
    • Dimensions: 50.00 x 165.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 111540100035
    • Zoning: HIST
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Frame
    • Foundation: Brick/Mortar
    Condition
    • New construction: No
    • Year built: 1899

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Trenton
    • Subdivision: Chambersburg
    • Municipality: TRENTON CITY

    HOA & financial

    Other financial information
    • Total actual rent: 67680

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals
    • Ownership: Fee Simple
    Services availability
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