173 Hamilton St - Residential Income FOR SALE


New Brunswick, NJ 08901- Turnpike West
$1,499,995 USD
908-705-1547
173 Hamilton St, New Brunswick, NJ for Sale
$1,499,995 USD
Residential Income - FOR SALE
1/58
null | Request Cap Rate

173 Hamilton St
New Brunswick, NJ 08901
Turnpike West


HIGHLIGHTS

  • Apt 1 - 2 Bedrooms + Den,1 Bathroom, kitchen, Living Room, washer/dryer
  • Apt 2 - 5 Bedrooms, 2 Bathrooms, kitchen, Living Room, dining room, A/C Central, washer/dryer/dishwasher
  • Lot: 25'x146'
  • Basement: Rented partially for storage. Tenant's private Laundry Facilities
  • Fully Leased to June 1, 2025
  • $141,900 current gross rental income , GRM: 10.57

OVERVIEW

Fully Leased & Well Maintained 2-Family Income Producing Investment Property located in the 5th ward on a 25' x 146' lot! The architectural design & floorplan is excellent. The first-floor unit provides 2BR/1BA + den along with a kitchen and family room. The 2nd & 3rd floor's expansive unit boasts five bedrooms, two bathrooms, dining area, living room, and upgraded kitchen featuring a dishwasher. There are private laundry rooms in the building. There is a storage unit (currently rented) in the basement. The apartment units are separately metered - the tenants pay all utilities. Seller prefers Buyer to waive appraisal contingency. Buyer may use an inspection for his or her own purposes but shall waive inspection contingency. Total current rent collected $11,825/month.

FOR SALE DETAILS

PRICE

$1,499,995 USD

PRICE/SF

$635 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1892

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,636 SF

ZONING

R-5A

APN/PARCEL ID

13-00057-0000-00047

ASK ABOUT THIS PROPERTY

Umang SwaliUmang SwaliMore Info
908-705-1547

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Umang SwaliUmang SwaliMore Info
908-705-1547

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.