Agent Comm=2%; ROI=10% Hamilton 2-family Income~$24K/yr.

$175,000

209 Park Lane, Hamilton, NJ 08609

3 Beds
2 Baths
1,900 Sqft
Multi-family
Listing ID: 20785715
$175,000

209 Park Lane, Hamilton, NJ 08609

3 Beds
2 Baths
1,900 Sqft
Multi-family
Listing ID: 20785715

Agent Comm=2%; ROI=10% Hamilton 2-family Income~$24K/yr.

$175,000

209 Park Lane, Hamilton, NJ 08609

3 Beds
2 Baths
1,900 Sqft
Multi-family
Listing ID: 20785715

Description

BUYER's AGENT GETS 2%--Hamilton 2-family semi. with long-term (5+ years) tenants. Renovated 2008 inside (including plumbing, electrical, heating) and out (siding, porch) to the tune of over $90,000, on a quiet 1-way street and double-lot with driveway. 1st floor 2BR, 1BA apt. with E-i-K, deck and basement rented for (2015) $985/month plus util.; 2nd floor apt with full bath, E-i-K, BR and large finished loft-room: rented for (2015) $965/month plus util, for a gross annual 2015 rental income of $23,400! Monthly rent check gets mailed to your house/office--this is completely hassle-free professional tenant!!! Low Property Taxes (2014): Approx $3900. Renovated Interior features: His-and-Her double vanity in 1st floor large spacious bath. Granite counter in 1st floor kitchen. Ceramic tiled floor in both kitchens and baths, modern kitchens with new cabinets, new appliances, and new engineered wood flooring in all other rooms. Separate gas water heaters and separate central gas heating, separate utilities. First floor set up for central A/C. Hamilton School District makes this a very desirable property for renters with school-age kids. Very few properties in Hamilton in this A1 condition, in this price range with this kind of income/appreciation potential due to large lot and driveway, good schools and proximity to train station--within 2 miles from Hamilton NJ Transit Station (1 hr. to NY City by NJ Transit)--commuters dream come true! Call/e-mail soon---with real estate market turning around, this will not last long!!! Asking price based on 5-year history of rental income. Savyy Investor--your ROI is over 10% !!! VIEWING BY APPOINTMENT ONLY

Listing Facts

Interior Features

  • Stories: 2
  • Square Feet: 1,900
  • Bedrooms: 3
  • Bathrooms: 2
  • Floor Coverings
    • Carpet
    • Tile
    • Hardwood
  • Heating & Cooling
    • Heating: Other

Exterior Features

  • Built in: 1960
  • Structure Type: Multi-Family
  • Exterior Keywords:
    • Deck
    • Patio

Neighborhood

Neighborhood Quick Facts

  • Median Sale Price
    $70k
  • Commute via Transit:
    7%
  • Family Friendly Score
    96
  • Fun & Hip Score
    38

Area Schools

Lawrence Intermediate School
Grades 04-06
6/10
Great Schools™ Rating
Lawrence Middle School
Grades 07-08
6/10
Great Schools™ Rating
Lawrence High School
Grades 09-12
5/10
Great Schools™ Rating

Amenities

  • Transit
  • Restaurants
  • Grocery Stores
  • Bars & Nightlife
  • Parks
  • Healthcare
  • Sports & Recreation

Similar Homes Sold Nearby

Contact the seller.

Contact the seller
    • Tom
    • 609-209-5935
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  • GreatSchools Ratings provided by GreatShools.net
  • Disclaimer: “School attendance zone boundaries are supplied by Onboard Informatics and are subject to change. Check with the school directly to verify enrollment eligibility.

Contact the seller.

Contact the seller
    • Tom
    • 609-209-5935
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