Listed by KW Commercial Middlesex
$1,540,000
172 Hamilton Street
Details
APN 1300051000000016
Property Type Multifamily, Mixed Use
Sub Type Apartment Building, Apartments
Square Footage 4,009
Units 2
Cap Rate 5.75%
NOI $96,372
Occupancy 100%
Year Built 1912
Buildings 2
Stories 3
Acreage 0.062
Zoning R5-A
Parking Spaces 1 spaces
Parking Per SqFt 0.25
Key holder corner two apts plus retail.
Marketing description
4 Window Wide keyholder corner building available for sale. This outstanding location consists of a store, two apartments, a partial basement and garage in back, all sitting on a 32'x84' lot. The corner of division and Hamilton is busy and bustling, just 0.4 miles to New Brunswick Train station and 0.3 miles to Rutgers Scott Hall. This is a rare opportunity to own a prominent keyholder corner property with a strong leasing history and excellent visibility along Hamilton Street.
Prominent keyholder corner property with a strong leasing history and excellent visibility along Hamilton Street
Investment highlights
- Keyholder Corner Building !
- 2 Apartments 1 Store , partial basement and Garage
- 4 Windows Wide fronting busy Hamilton Street
- Fully Leased
- 0.4 mile to New Brunswick Train Station
- 0.3 Mile to Scott Hall (Rutgers)
- Zone R5-A
- Independent 3 story corner building which has historically been fully leased.
Listing Contacts
Listed by KW Commercial Middlesex
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$96,372.00
$8,031.00/mo
Valuation Metrics
0
DSCR
6.26%
Cap Rate
6.26%
ROI
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