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Key Details
Sold Price $255,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Subdivision Colonial Manor
MLS Listing ID 1001818606
Sold Date 01/31/19
Style Other
HOA Y/N N
Originating Board TREND
Year Built 1946
Annual Tax Amount $7,596
Tax Year 2017
Lot Size 7,040 Sqft
Acres 0.16
Lot Dimensions 40X176
Property Description
Great turnkey-cash flow DUPLEX. Recently renovated. New Stainless Steel Appliances. 3 Car Garage and oversized fenced lot. Plenty of storage. Enclosed front porch. Home features New Hardwood floor, new kitchen cabinets and bathroom vanities. New roof, New 3 1/4" oak flooring, new windows. 1st floor is either a 4 bdrm 1 1/2 baths or 3 br and Dining room. Could easily rent $1,900 with garage & driveway parking for multiple cars and separate HVAC. 1st floor unit has use of basement with washer dryer in basement. 1st floor (owners unit) pays hot water for 2nd floor unit. All appliances new. 2nd fl 2 bdrm 1 bath with parking could easily rent for $1,600 w separate HVAC. New microwave, fridge, stove, dishwasher a few years old. 2nd fl could also have access to washer dryer in basement. Live in one unit and rent the other. Tenants will pay your mortgage. cash on cash at 259k over 12.5%+- return on the net. 42,000 potential gross income w/10,396 annual expenses=31.604 net operating income.
Location
State NJ
County Mercer
Area Hamilton Twp (21103)
Zoning RESID
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Wood, Vinyl, Tile/Brick
Fireplace N
Window Features Energy Efficient,Replacement
Heat Source Natural Gas
Laundry Has Laundry
Exterior
Garage Garage - Side Entry
Garage Spaces 8.0
Fence Other
Waterfront N
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Total Parking Spaces 8
Garage Y
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District Hamilton Township
Others
Tax ID 03-02452-00025
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Nadia H Macauley • Weichert Realtors - Princeton
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