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Key Details
Sold Price $293,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,192 sqft
Price per Sqft $133
Subdivision None Available
MLS Listing ID 1005198061
Sold Date 03/30/18
Style Other
HOA Y/N N
Abv Grd Liv Area 2,192
Originating Board TREND
Year Built 1900
Annual Tax Amount $8,274
Tax Year 2017
Lot Size 10,759 Sqft
Acres 0.25
Property Description
Great investment opportunity! Two 3-bedroom units, and a detached oversized garage. The current tenants want to remain. Top unit tenant been here for five years, bottom unit 2 years. garage is now vacant. Property is in great shape and is only walking distance to Rowan University. make it a long term investment with a cap rate of around 10%. Both units could be increased by about 10-15% based on market value, but has remained due to fantastic tenants. Properties like this do not come up often. $3400/month positive cash flow (or more if increased). Tenant occupied, so please allow 24-48 hours for all showings please.
Location
State NJ
County Gloucester
Area Glassboro Boro (20806)
Zoning C4
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished
Interior
Hot Water Natural Gas
Heating Gas, Forced Air
Cooling Central A/C
Flooring Fully Carpeted, Vinyl
Fireplace N
Heat Source Natural Gas
Laundry Washer In Unit
Exterior
Garage Spaces 7.0
Fence Other
Utilities Available Cable TV Available
Waterfront N
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Parking Type Driveway, Parking Lot, Detached Garage
Total Parking Spaces 7
Garage Y
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
Elementary Schools Bullock School
Middle Schools Glassboro
High Schools Glassboro
School District Glassboro Public Schools
Others
Tax ID 06-00013-00006
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Eileen J Pilone • BHHS Fox & Roach-Mullica Hill North
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