$1,000,000
$1,150,000
13.0%For more information regarding the value of a property, please contact us for a free consultation.
7,100 SqFt
SOLD DATE : 10/15/2024
Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 7,100 sqft
Price per Sqft $140
MLS Listing ID NJSA2011204
Sold Date 10/15/24
Originating Board BRIGHT
Year Built 1885
Annual Tax Amount $20,028
Tax Year 2023
Lot Size 0.360 Acres
Acres 0.36
Property Description
Prime investment property. Front building has 4 large two bedroom units. Original house built in 1885. Rear building has 4 one bedroom units. This was built in 1968. In between the two buildings is a coin operated laundry for our tenants use. Beyond the rear building is a parking lot, accessible from Dickenson St. Two bedroom units have 2 parking spaces and one bedroom units have 1 parking with a few visitor spaces. Owner provides heat and hot water for each unit. The boiler, located in the basement was replaced approximately 2013. Each unit has received a certificate of occupancy and a lead paint certificate. Both buildings undergo state inspection every 5 years. Boiler is state inspected every year. All inspections are up to date.
Estimated Gross rent for 2024, $140,983
Location
State NJ
County Salem
Area Woodstown Boro (21715)
Zoning RESIDENTIAL
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Ceiling Fan(s), Wall Unit
Equipment None
Heat Source Natural Gas
Exterior
Garage Spaces 12.0
Utilities Available Cable TV, Electric Available, Natural Gas Available
Waterfront N
Water Access N
Accessibility None
Total Parking Spaces 12
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Woodstown-Pilesgrove Regi Schools
Others
Tax ID 15-00033-00004
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Eileen M Meyers • Jane Hoffman Realty, LLC
Find out why customers are choosing LPT Realty to meet their real estate needs