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About the Listing MSCH05 - 3269967
Excellent investment opportunity! This unique property offers a single-story, 9,600 +/- square-foot masonry building and an income-producing residential duplex. The warehouse’s front section features a well-maintained office space, while the rear boasts spacious warehouse facilities with 14-foot ceilings. Additional amenities include a loading dock, a drive-through door (10 feet wide and 14 feet high), two restrooms, 220-volt electrical service, and 900 square feet of clean office space. The included duplex, located at 406–408 Berg Avenue, currently generates $28,200 annually, with potential to reach $39,000. Unit #1 of the warehouse spans approximately 5,000 square feet, renting for $38,400 per year with room to increase to $60,000. Unit #2 is a mechanics bay with long-term lease in place. Units #3 and #4 can be leased together at approximately 3,840 square feet, or separately at 1,920 square feet each can potentially be leased $2400 a year. The entire property is fenced and the warehouse is equipped with a security system. This is a rare find in a desirable location, offering a mix of residential and industrial income streams. Ideal for contractors, light manufacturers, or investors.
Listing Highlights for 718 Rennie St
Status
Active With Contingency
Days on Site
270
Property Type
Commercial Sale
MLS ®
NJME2054276
Year Built
1935
Total Square Footage
9,601
Lot/Acreage
0.22
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central A/C
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 150.00 x 64.00
- Zoning: R-7
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $10,825
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
718 Rennie St Hamilton, NJ 08610
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