Skip To Content

1450 S Olden Avenue

HAMILTON, NJ 08610
  • $424,500
  • STATUS: Active
  • ON SITE: 92 Days
  • ID#: NJME2012348
UPDATED: 58 min ago
$424,500
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1966
County:

School Information

School District:

Description

Great opportunity to own a mixed use property on a busy road in Hamilton TWP. This four unit has 2 commercial units on the first floor and two large residential units on the second floor. Unit #1 is a hair salon that has occupied the property for over 20 years with a monthly income of $1325. Unit # 2 has occupied the property for more then 20 years as well and pays $850 a month. Upstairs we have two large one bedroom apartments which could easily be converted to 2 bedrooms. Unit #3 and #4 have a monthly income of $975 and $925 respectfully. All tenants pay their own utilities, 3 of them have forced air heat and central air. The last unit has its own heating system and a window AC unit. The seller pays water, sewer, and insurance. There is a 12 car parking lot for the tenants use, and all separate entrances for tenants.

Monthly Payment Calculator



©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-22T20:49:38.05.
www.newhometeammd.com/homes/125951509
Print Image

1450 S Olden Avenue HAMILTON, NJ 08610

  • Price: $424,500
  • Status: Active
  • On Site: 92 Days
  • Updated: 58 min ago
  • ID#: NJME2012348
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1966
Built
Neighborhood:
None Available
County:
Mercer
Area:
Hamilton Twp (21103)
High School:
Hamilton High School West
School District:
Hamilton Township
Property Description
Great opportunity to own a mixed use property on a busy road in Hamilton TWP. This four unit has 2 commercial units on the first floor and two large residential units on the second floor. Unit #1 is a hair salon that has occupied the property for over 20 years with a monthly income of $1325. Unit # 2 has occupied the property for more then 20 years as well and pays $850 a month. Upstairs we have two large one bedroom apartments which could easily be converted to 2 bedrooms. Unit #3 and #4 have a monthly income of $975 and $925 respectfully. All tenants pay their own utilities, 3 of them have forced air heat and central air. The last unit has its own heating system and a window AC unit. The seller pays water, sewer, and insurance. There is a 12 car parking lot for the tenants use, and all separate entrances for tenants.
Exterior Features

Construction Materials Block Garage YN No Location Type Suburban Parking Types Parking Lot Property Condition Very Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 4048.00 Cooling Window Unit(S) Flooring CarpetCeramic Tile Heating Forced Air Heating YN Yes Inclusions And Units Are RentedAnd All items Belong To That Tenant. Net Square Feet 4048.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Annual Gross Expense 4320.00 Assessment Year 2021 Business Type Apartment BuildingHair Salon And SpaProfessional Central Air YN No Cooling Fuel Electric Cross Street Arena Electric 100 Amp Service Electric Expense 0.00 Gross Income 48900.00 Heating Fuel Natural Gas Hot Water Natural Gas Insurance Expense 3000.00 Municipality Hamilton Twp Navigable Water YN N Net Operating Income 44580.00 New Construction YN No Number Of Units Total 0 Operating Expense 360.00 Operating Expense Includes InsuranceSewerWater Original MLSNumber 801341705888 Owner Pays SewerWaterInsurance Ownership Interest Fee Simple Possession 120-180 Days61-90 Days Cd31-60 Days Cd Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 10865.00 Tax Assessment Amount 333000.00 Tax Lot 00012 Trash Expense 0.00 Vacation Rental YN No Water Source Public Zoning Com

Listing courtesy of Smires & Associates.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-22T20:49:38.05.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_801341705888-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_801341705888-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_801341705888-2.jpg
Logo
New Home Team of Maryland | RE/MAX Distinctive
1014 S Charles Street
Baltimore MD, 21230