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Key Details
Sold Price $285,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,088 sqft
Price per Sqft $136
MLS Listing ID NJGL2013508
Sold Date 06/09/22
Style Traditional
Abv Grd Liv Area 2,088
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $7,841
Tax Year 2021
Lot Size 7,375 Sqft
Acres 0.17
Lot Dimensions 59.00 x 125.00
Property Description
INVESTOR ALERT! Immediate income opportunity. Here’s your opportunity to own a 3 unit rental property. One unit is in a separate building with garage space below. The main house is a duplex. Main house has a 2 bedroom, 2 bath apartment with gas heat and central air in good condition with long time (month to month ) tenants who want to stay. It is currently rented for $1,000 per month. The second unit in the main house has 2 bedrooms and 1 bath plus an attic space and needs a complete renovation. There is a detached 2 bedroom 1 bath apartment over a garage space with 2 bedrooms and 1 bath (window unit a/c) This unit has long term tenants who would also like to stay. Rent is $875. per month. There is a separate driveway for unit 1. There are 4 parking spots in the back for unit 2 & 3 plus a garage that is currently used for storage. The units have separate electric meters. Water and sewer are currently included in the rent. The roof is approx. 12 years old and some of the windows have been upgraded. Located in Swedesboro next to the Margaret Clifford School. Close to public transportation, shopping, restaurants and local festivities. The apartments are in the popular, Kingsway School district.Selling as- is where is – Buyer must obtain CO.
Location
State NJ
County Gloucester
Area Swedesboro Boro (20817)
Zoning RESIDENTIAL
Rooms
Basement Unfinished
Interior
Hot Water Electric
Cooling Central A/C, Window Unit(s)
Fireplace N
Heat Source Oil, Natural Gas
Exterior
Garage Spaces 5.0
Water Access N
Accessibility None
Total Parking Spaces 5
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Kingsway Regional High
Others
Tax ID 17-00036-00009
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, FHA 203(k)
Listing Terms Cash, FHA 203(k)
Financing Cash,FHA 203(k)
Special Listing Condition Standard
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Bought with Todd A Hahn • RE/MAX Preferred - Mullica Hill
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William Mercogliano III
Broker Associate | License ID: 0893537
Broker Associate License ID: 0893537
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