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307 Hamilton Ave

$549,500

307 Hamilton Ave, Trenton, Nj 08609

Active
Last Updated: 02/08/2025

8.6

Cap Rate

47,260

NOI

Details:
Cap Rate:    8.6%
NOI:    $47,260
Building Size:    5,326 sqft
Year Built:    1899
Price Per Sqft:    $103.17
Zoning:    HIST
Highlights:
  • Days on Market: 10
  • Heating: Baseboard - Hot Water
Description:

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.

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