$132,000
$149,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
1,768 SqFt
SOLD DATE : 04/01/2021
Key Details
Sold Price $132,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,768 sqft
Price per Sqft $74
MLS Listing ID NJCD406978
Sold Date 04/01/21
Style Side-by-Side
HOA Y/N N
Abv Grd Liv Area 1,768
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $6,754
Tax Year 2020
Lot Size 7,820 Sqft
Acres 0.18
Lot Dimensions 68.00 x 115.00
Property Description
Legal duplex with a subdivided, buildable lot. Each unit has 2 bedroom, 1 bathroom. Property is occupied and is need of repair and maintenance. Rents are below market - this is an underperforming asset and there is room to increase cash flow and return on investment. Opportunity to build an additional investment or spec house on adjacent lot. Walgreens and Royal Farms on the corner of the WHP with a vacant commercial lot next door and Jiffy Lube likely coming across the street. Also could be a possible commercial development play. Need to give tenants at least 24 hours notice before showing (preferably 48 hours).Serious inquiries only.
Location
State NJ
County Camden
Area Magnolia Boro (20423)
Zoning MULTI
Rooms
Basement Interior Access
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available
Waterfront N
Water Access N
Roof Type Shingle
Accessibility None
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Side-by-Side
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Sterling High
Others
Tax ID 23-00005 05-00010
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, FHA, Conventional, VA, Other
Listing Terms Cash, FHA, Conventional, VA, Other
Financing Cash,FHA,Conventional,VA,Other
Special Listing Condition Standard
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Bought with Carol Terrell • BHHS Fox & Roach-Cherry Hill
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "