Bought with Tara Agnese • Keller Williams Realty Monmouth/Ocean
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Key Details
Sold Price $450,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NJBL2040500
Sold Date 04/10/23
Year Built 1953
Annual Tax Amount $5,492
Tax Year 2022
Lot Size 10,001 Sqft
Acres 0.23
Lot Dimensions 100.00 x 100.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Extremely hard to find 5 apartment dwelling in Wrightstown. Has passed Dept. of Community inspection. Building is well maintained.
1st apt., (which is 2nd and 3rd flrs.)-liv.rm., bed., bath. kitchen. $1100 a month (mo. to mo.)
2nd apt.-efficiency apt. 1 bed. kitchen, bath $615 a mo. (expires Aug. 2023 (can rent for $1100 mo.
3rd apt.-2 beds, liv. rm., bath, kitchen $825 a mo. (mo to mo.) (cam rent for $1450 a month.
4th apt.-efficiency apt., $650 a month (mo to mo.) (can rent for 1100 a mo.)
5th apt.-efficiency apt., $650 a month (mo to mo,) (can rent for $1100 a mo.)
Most of the rentals are under market. Rents can be much higher. Landlord pays for heat (150 a month) landlord pays water and sewer combined ($1,500 per quarter). tenants pay their own electric. 1 year old heater. NO RENT CONTROL.
Location
State NJ
County Burlington
Area Wrightstown Boro (20340)
Zoning RESIDENTIAL
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Flooring Carpet
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Lot Description Additional Lot(s)
Sewer Public Sewer
Water Public
New Construction N
Schools
School District New Hanover Township Public Schools
Others
Tax ID 40-00602-00001
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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