$465,000
$485,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
2,594 SqFt
SOLD DATE : 06/12/2024
Key Details
Sold Price $465,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,594 sqft
Price per Sqft $179
MLS Listing ID NJGL2040566
Sold Date 06/12/24
Style Other
Abv Grd Liv Area 2,594
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $6,263
Tax Year 2023
Lot Size 6,970 Sqft
Acres 0.16
Lot Dimensions 0.00 x 0.00
Property Description
Here is an excellent opportunity to own an income generating multi use property with great visibility on a corner lot. There are 3 one bedroom residential units, an office, and a detached 2 car garage! One residential unit is currently vacant. The property is very well maintained with new siding, new roof, and half of the windows replaced. Gas and electric utilities are separate for each unit and each unit has washer/dryer hookups in the unit. The landlord pays for water and sewer. The vacant unit was recently updated with new kitchen, bathroom and carpet. Unit A is the office currently rented out for $900 a month and owner occupied. The owner is willing to lease back the office. Unit B is leased for $1,250.00 per month, Unit C is vacant but could rent for $1,350.00, Unit D is rented for $1,350.00 a month, and the garage is rented for $245 a month. For a diversified income stream you can't beat this property.
Location
State NJ
County Gloucester
Area Monroe Twp (20811)
Zoning RESIDENTIAL
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Garage Garage - Front Entry
Garage Spaces 6.0
Waterfront N
Water Access N
Accessibility None
Parking Type Parking Lot, Off Street, Detached Garage
Total Parking Spaces 6
Garage Y
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Monroe Township Public Schools
Others
Tax ID 11-11806-00001
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Cassandra Howie • New Era Real Estate