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Key Details
Sold Price $224,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $93
MLS Listing ID NJSA2012420
Sold Date 12/17/24
Style Side-by-Side
Abv Grd Liv Area 2,400
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $5,000
Tax Year 2023
Lot Size 9,196 Sqft
Acres 0.21
Lot Dimensions 49.20 x 186.90
Property Description
This fully renovated duplex offers an excellent cash flow opportunity! Each unit has been thoughtfully updated with modern features, and major renovations were completed in 2019, including:
Brand-new kitchens and bathrooms
New flooring throughout
Updated electrical wiring with new electric panels
New plumbing with hot water heaters
New HVAC systems
New roof installed in 2019
Unit 120 rents for $1,250/month soon to be increased to $1,375 (HUD Tenant)
Unit 122 rents for $1,300/month
This low-maintenance property is ideal for investors or house hackers, with both units generating strong rental income. Don't miss out on this turn-key investment!
Location
State NJ
County Salem
Area Penns Grove Boro (21708)
Zoning RESIDENTIAL
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Water Access N
Roof Type Shingle
Accessibility None
Total Parking Spaces 2
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Side-by-Side
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Penns Grove-Carneys Point Schools
Others
Tax ID 08-00058-00007
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash, FHA, Private, VA
Listing Terms Conventional, Cash, FHA, Private, VA
Financing Conventional,Cash,FHA,Private,VA
Special Listing Condition Standard
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Bought with Natalie S Tyson • Tesla Realty Group LLC