No Longer Available

Photo of 15 Hamilton Drive, Somers Point NJ
15 Hamilton Drive
Somers Point, NJ 08244
# of Units
1
2 Bdrm Units
2
Acres
0.21
Interior Sq Ft
1,792
Age
53
Heating
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
0
Taxes (2022)
7,166
Additional Details Below

Description

Multiple offers received. Highest and best by 5pm Friday 9/15 *AFFORDABLE LIVING IN SOMERS POINT* - DUPLEX, 2 BEDROOM 1 BATH Rent prices are extreme and won't be changing any time soon. The solution?Purchase a duplex and live in one unit, rent out the other. Take a look at this side-by-side rancher on a quiet street in popular Somers Point. Unit A is vacant and move-in ready - 2 bedrooms, 1 bath and newly renovated. The other unit has an identical layout and is occupied by a long-term tenant for $1500 a month (who always pays on time). Enjoy a fenced in yard, off-street parking, in-unit laundry, dishwasher, gas heat, central A/C, and more. *INVESTORS - POTENTIAL 9-10% CAP RATE* - Tenants pay for all utilities including water, lawn care and snow removal. Landlord's expenses are only $7k taxes, $1200 insurance, and sewer. Occupied unit has yearly lease in place with approximately 11 months left - ideal long-term tenant that always pays on time, $1500 a month. The empty unit is newly renovated and could rent easily for $1700 a month. Easy money so act fast before it's too late. * As-Is Sale. A/C isn't working in front unit *

Location

Driving Directions

New Rd to Chapman Blvd, left on Hamilton, rancher on left

Listing Details for 15 Hamilton Drive

Summary
Architectural Type

Ranch/Rambler, Side-by-Side

Parking

Free, Paved Parking, Off Street, On Street

Interior Features
Flooring

Laminate Plank

Basement

Slab

Interior Features

Ceiling Fan(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Family Room Off Kitchen

Appliances

Built-In Microwave, Dishwasher, Dryer, Exhaust Fan, Oven - Single, Refrigerator, Stove, Washer, Water Heater

Exterior Features
Lot Features

Rear Yard, SideYard(s)

Exterior Features

Frame, Vinyl Siding

Utilities
Cooling

Central A/C, Window Unit(s), Multi Units, Programmable Thermostat, Natural Gas

Heating

Forced Air, Natural Gas

Hot Water

Electric

Sewer

Public Sewer

Water

Public

Assessment : 0
Zoning Designation R-1
Lattitude : 39.328926
Longitude : -74.604355
MLS Number : NJAC2009632
Listing Courtesy: Rebecca Stiefel of RE/MAX Community-Williamstown
Views : 27

Notes

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