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Key Details
Sold Price $190,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,704 sqft
Price per Sqft $40
Subdivision None Available
MLS Listing ID 1000070508
Sold Date 05/26/17
Style Other
HOA Y/N N
Abv Grd Liv Area 4,704
Originating Board TREND
Year Built 1910
Annual Tax Amount $8,199
Tax Year 2016
Lot Size 6,909 Sqft
Acres 0.16
Lot Dimensions 47X147
Property Description
BANK OWNED! Investment property with huge potential. Asset being managed by Professional Property Management & Maintenance Company since Oct 2016. Building now under control after foreclosure and ready for an As-Is sale. 7 total units total with three stable occupied units on new leases signed and the other four units cleared and empty for rehab. Rents are estimated except for Units 1,3 and 4. Property is under some construction for mechanicals and exterior maintenance. Common water for the building with separate electric meters, water heaters and furnaces for each units. Entire building inspected and being maintained. Buyer will be responsible for all the inspection and certifications for purchase. Tons of business potential for this property. Keep the existing management company for turn-key investment. All expenses are estimated.
Location
State NJ
County Burlington
Area Beverly City (20302)
Zoning MULTI
Rooms
Other Rooms Primary Bedroom
Basement Partial, Unfinished
Interior
Hot Water Natural Gas
Heating Gas, Hot Water
Cooling None
Fireplace N
Heat Source Natural Gas
Laundry None
Exterior
Waterfront N
Water Access N
Roof Type Flat,Pitched,Shingle
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Concrete Perimeter, Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
Middle Schools Charles Street School
High Schools Palmyra
School District Palmyra Borough Public Schools
Others
Tax ID 02-01168-00008
Ownership Fee Simple
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Bought with Monique Mazur-Hoffman • Realty Solutions LLC
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