$282,500
$265,000
6.6%For more information regarding the value of a property, please contact us for a free consultation.
2,632 SqFt
SOLD DATE : 09/01/2022
Key Details
Sold Price $282,500
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,632 sqft
Price per Sqft $107
MLS Listing ID NJGL2018008
Sold Date 09/01/22
Style Straight Thru
Abv Grd Liv Area 2,632
Originating Board BRIGHT
Year Built 1952
Annual Tax Amount $7,834
Tax Year 2021
Lot Size 0.578 Acres
Acres 0.58
Lot Dimensions 180.00 x 140.00
Property Description
Offer Accepted!! The seller wishes to stop all showings and is moving forward with a generous offer. Have you ever heard the term "house hacking"? This 4 unit building has one vacant unit that would work great for an FHA loan as an owner occupant. Great investment opportunity for a first time investor or to add this to your already existing portfolio. Unit C has been updated recently and the other three units are in need of updating, but with long term tenants the units won't need to be updated till the turnover. The vacant unit is available to show anytime. The income from this property is based off full occupancy and will alter due to how each individual finances the purchase. (See attached documents for the expenses and rent roll) - Unit A , B & D are on a 12 month Lease and they all expire on 5/31/2023
Location
State NJ
County Gloucester
Area Clayton Boro (20801)
Zoning R-B
Interior
Hot Water Electric
Heating Hot Water
Cooling Other
Heat Source Electric
Exterior
Garage Spaces 5.0
Waterfront N
Water Access N
Roof Type Asbestos Shingle
Accessibility None
Total Parking Spaces 5
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Clayton Public Schools
Others
Tax ID 01-01001-00027
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, VA, USDA
Listing Terms Cash, Conventional, FHA, VA, USDA
Financing Cash,Conventional,FHA,VA,USDA
Special Listing Condition Standard
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Bought with Juli Morella • Weichert Realtors-Mullica Hill
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "