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Key Details
Sold Price $410,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $102
Subdivision None Available
MLS Listing ID 1002582208
Sold Date 10/16/15
Style Other
HOA Y/N N
Abv Grd Liv Area 4,000
Originating Board TREND
Year Built 1977
Annual Tax Amount $9,501
Tax Year 2015
Lot Size 8,223 Sqft
Acres 0.19
Lot Dimensions 90X91
Property Description
$52,800 Gross Annual Income!! All 5 units recently renovated!! 5 Unit Building on quiet residential street close to 42, AC EXP, 295, and shopping. This building just went through some large Capital Improvements including, New 25 Year shingle roof, new capping, new gutters and soffits as of 2011. New sealed 10 car striped parking lot, and professional landscaping gives this unique 5 unit building great curb appeal. Each unit consists of 1 Bedroom, 1 bathroom, 800 sqft. open layout from living room to dining area, and tenants have their own washer and dryer, plus ceramic tile in kitchen and bathrooms. All long term tenants. Gas heat, Gas hot water, separate meters. Most appliances are new! Value play to slightly increase rents, and charge a small flat fee for water usage, currently owner pays water and sewer. Units C and R just went through renovations with floors, kitchens and bathrooms. Please email for complete break down of rent roll and expenses. Great building with plenty of room for growth. Confidential sale, Do Not Approach Property or Tenants. TURN KEY. Seller looking to make a deal.
Location
State NJ
County Camden
Area Gloucester Twp (20415)
Zoning APT
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas
Heating Gas
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Laundry Washer In Unit, Dryer In Unit
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type Parking Lot
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District Black Horse Pike Regional Schools
Others
Tax ID 15-10401-00026
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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