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Key Details
Sold Price $575,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $191
Subdivision Runnemede Gardens
MLS Listing ID NJCD2064862
Sold Date 05/06/24
Style Other
Abv Grd Liv Area 3,000
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $7,951
Tax Year 2002
Lot Size 7,200 Sqft
Acres 0.17
Property Description
INCREDIBLE MULTIFAMILY OPPORTUNITY - x7 Fully Occupied 1 Bedroom/1 Bathroom Units!!! Overflowing with potential to add value by billing back utilities increasing to market rents. Seller passed New Jersey DCA hotel & multiple dwellings inspection less than a year ago! Cycles generally last 5 years, so the property should not require re-inspection for some time. Shared coin-operated laundry in basement & private parking with paved driveway! Unit 1 is currently being rented for $950/mo thru 3/31/25. Unit 2 is currently being rented for $771/mo on a month to month lease. Unit 3 is currently being rented for $975/mo thru 8/31/24. Unit 4 is currently being rented for $903/mo on a month to month lease. Unit 5 is currently being rented for $1,013/mo on a month to month lease. Unit 6 is currently being rented for $1,050/mo thru 2/28/25. Unit 7 is currently being rented for $880/mo thru 3/31/24. Schedule a tour TODAY - you won't want to miss this opportunity!
Location
State NJ
County Camden
Area Runnemede Boro (20430)
Zoning RESID
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source Electric
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type Driveway
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
High Schools Triton
School District Black Horse Pike Regional Schools
Others
Tax ID 30-00045-00010 01
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Nicholas Raio • Penzone Realty
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