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Key Details
Sold Price $302,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,000 sqft
Price per Sqft $302
MLS Listing ID NJCD2067624
Sold Date 06/17/24
Style Bungalow
Abv Grd Liv Area 1,000
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $6,169
Tax Year 2023
Lot Size 7,396 Sqft
Acres 0.17
Lot Dimensions 87.00 x 85.00
Property Description
Here is your chance to own an instant income producing property. The roof and 6" gutters are brand new.
All the windows have been replaced. The whole exterior has been painted for a fresh look. The downstairs is a completely renovated 3 bed 1 bath apartment, with interior access to the basement and private laundry room. Complete with an all new bathroom, from the tile to shower fixtures, and all new kitchen with long lasting granite counter tops and all new appliances and cabinets. Bonus porch off the kitchen provides extra space for an office, kids play room, or dinning room. The upstairs is an all updated 1 bath, 1 bed apartment, with loads of character. All new appliances, kitchen cabinets, bathroom and heat and AC are provided with a mini split system.
BONUS....the current owners built two separate laundry facilities in the basement for each units' personal use. Plenty of parking in the driveway and off street. Close to all major highways, shopping and public transportation. A nice sized fenced in backyard for families. A garage on the property provides storage for the new owner or rent out the garage to tenants for extra income. The property has been approved with section 8.
The sellers will not be making any repairs. Everything has just passed the CO for tenants. All inspections are current. Sellers will provide RE-SALE CO and fire cert, if required. Buyers are responsible for New Landlord Registration with Gloucester City.
Upstairs unit-1 bed, 1 bath-Currently Rented-$1287.00 Section 8 Contract
Downstairs unit-3 bed,1 bath-Currently Rented-$2200.00
Garage-Market Value to rent-$200.00
Location
State NJ
County Camden
Area Gloucester City (20414)
Zoning RESIDENTIAL
Rooms
Basement Daylight, Partial, Daylight, Full, Full, Outside Entrance, Interior Access, Poured Concrete, Walkout Stairs, Other
Interior
Interior Features Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Primary Bath(s), Recessed Lighting, Kitchen - Table Space, Tub Shower, Upgraded Countertops
Hot Water Electric, Natural Gas
Heating Baseboard - Hot Water, Wall Unit
Cooling Window Unit(s), Wall Unit
Flooring Luxury Vinyl Plank
Equipment Dishwasher, Disposal, Dryer - Gas, Dryer - Electric, Water Heater, Washer, Refrigerator, Range Hood, Oven/Range - Gas, Oven/Range - Electric, Oven - Self Cleaning
Fireplace N
Window Features Double Hung,Energy Efficient,Replacement
Appliance Dishwasher, Disposal, Dryer - Gas, Dryer - Electric, Water Heater, Washer, Refrigerator, Range Hood, Oven/Range - Gas, Oven/Range - Electric, Oven - Self Cleaning
Heat Source Electric, Natural Gas
Exterior
Garage Spaces 7.0
Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Phone Available
Waterfront N
Water Access N
Roof Type Shingle
Accessibility 2+ Access Exits
Parking Type Driveway, Off Street
Total Parking Spaces 7
Garage N
Building
Lot Description Front Yard, Private, Rear Yard
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
High Schools Gloucester City Jr. Sr. H.S.
School District Gloucester City Schools
Others
Tax ID 14-00271-00005
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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Bought with Rosalie Hadulias • Keller Williams Realty - Atlantic Shore