Karen Jefferys - Coldwell Banker Hearthside
23 Redwood Ave
HAMILTON TOWNSHIP, NJ 08610

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.

Details

MLS#1001818606
Sub-TypeResale
StatusActive
Year1946
Days On Site100

Features

Market Activity 08610

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Area Information

StateNJ
CityHAMILTON TOWNSHIP
Zip Code08610
AreaHamilton Twp (21103)
Listing VS Median (in 08610)
Price:
$257,500
low | high
Med:
$179,900
80.135922330097% of Average
On Site:
100
low | high
Med:
29.500000
100% of Average
Listing Updated: 09/18/2018
MLS Number: 1001818606
Listing Provided By:
Robert M Farmer  of  Realty Mark Central

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