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Key Details
Sold Price $160,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,880 sqft
Price per Sqft $85
Subdivision Oaklyn Manor
MLS Listing ID NJCD2003508
Sold Date 12/16/21
Style Other
HOA Y/N N
Abv Grd Liv Area 1,880
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $8,572
Tax Year 2021
Lot Size 5,900 Sqft
Acres 0.14
Lot Dimensions 59.00 x 100.00
Property Description
The property is back on the market because the Buyer did not fulfill the Commitment!!!!
The CO is completed. The property is ready for a Quick Close. The home inspection is for the Buyer's information only. Therefore, the Seller does NOT have an Inspection Report. This is a great investment opportunity, with 1 Unit of 3 Bedrooms and 1 Bath, while the second Unit boasts of 4 Bedrooms and 1 Bathroom. Both units are occupied by long-term Tenants who plan to stay. The Tenants in Unit A have been there for 12 years, while those in Unit B have been there for 3 years and counting. Both Tenants are on Annual Leases, through July 2021 and April 2021, respectively. The Tenant in Unit B occupies 2 Levels. Level 2 has 2 Bedrooms, a Kitchen and a Bathroom. Level 3 has additional 2 Bedrooms. All of the Bedrooms have Closets and Windows. This Unit also has a Laundry hookup. The property has a Full Basement. A New Roof was installed in 2019 and the Kitchen in Unit A was totally upgraded in the same year. All the Utilities are separate, except for the Water. The Gross Income on this property is $27,600 at present, with lots of room for increase, with an updated Rental. Unit A pays $1,100 monthly, but the Area commands $1,300 monthly. Unit B pays $1,200 monthly, but the Area commands $1,600 monthly. . Unit B is NOT available to be shown, however, it will be made available for a Home Inspection.
There is a long, expanded Driveway next to the property, that belongs to the property.
Location
State NJ
County Camden
Area Woodlynne Boro (20437)
Zoning RES
Rooms
Basement Full, Unfinished
Interior
Interior Features 2nd Kitchen
Hot Water Natural Gas
Heating Forced Air, Baseboard - Hot Water
Cooling Wall Unit
Flooring Carpet, Ceramic Tile, Hardwood, Fully Carpeted
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 6.0
Waterfront N
Water Access N
Accessibility None
Parking Type Driveway
Total Parking Spaces 6
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Collingswood Borough Public Schools
Others
Tax ID 37-00202-00018
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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Bought with Mark Scarpa, Jr. • Township Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "