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173 Hamilton St 2,362 SF Specialty Building Offered at $1,499,995 in New Brunswick, NJ 08901
INVESTMENT HIGHLIGHTS
- Apt 1 - 2 Bedrooms + Den,1 Bathroom, kitchen, Living Room, washer/dryer
- Lot: 25'x146'
- Fully Leased to June 1, 2025
- Apt 2 - 5 Bedrooms, 2 Bathrooms, kitchen, Living Room, dining room, A/C Central, washer/dryer/dishwasher
- Basement: Rented partially for storage. Tenant's private Laundry Facilities
- $141,900 current gross rental income , GRM: 10.57
EXECUTIVE SUMMARY
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.
PROPERTY FACTS Under Contract
| Price | $1,499,995 | Building Class | C |
| Price Per SF | $635.05 | Lot Size | 0.08 AC |
| Sale Type | Investment | Building Size | 2,362 SF |
| Property Type | Specialty | No. Stories | 3 |
| Property Subtype | Year Built | 1892 | |
| Zoning | R-5A | ||
| Price | $1,499,995 |
| Price Per SF | $635.05 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 2,362 SF |
| No. Stories | 3 |
| Year Built | 1892 |
| Zoning | R-5A |
Walk Score®
Walker's Paradise (95)
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173 Hamilton St
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