2,466 SqFt
2,466 SqFt
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,466 sqft
Price per Sqft $182
MLS Listing ID NJGL2056510
Style Other
Abv Grd Liv Area 2,466
Originating Board BRIGHT
Year Built 1850
Annual Tax Amount $6,075
Tax Year 2024
Lot Size 0.366 Acres
Acres 0.37
Lot Dimensions 0.00 x 0.00
Property Sub-Type Detached
Property Description
Looking for a solid income-generating property in a growing area? 26 Wilmer St in Glassboro offers a fantastic multi-family opportunity with two fully rented units and a detached garage also generating rental income. TOP UNIT-This spacious 4-br, 1-bath unit is currently rented to a long-term tenant on a month-to-month lease. Full attic for storage. Current Rent is $1,060. Rent is being increased to $1,160 on July 1. BOTTOM UNIT-The 3-br, 1-bath bottom unit also offers great rental potential. This unit includes a full basement, providing additional storage or potential for future improvements. Like the top unit, the bottom unit is also currently rented. Current Rent is $1,300. Rent is being increased to $1,500. On July 1. The tenants are happy to stay, making this a turnkey investment opportunity with immediate rental income. Please do not disturb the tenant—showings will be available only to serious buyers. A detached garage on the property is rented separately, (Garage Rent is $175.00) providing additional income to the owner. This adds another stream of revenue to the property, enhancing its appeal as a reliable investment. This property is being sold AS-IS .. (Inspections are for informational purposes only)and is ideal for investors seeking a steady cash flow with room for future appreciation. Conveniently located in Glassboro, this property is just a few blocks from Rowan University, local shopping, dining, and entertainment. The location is highly desirable for both students and faculty, ensuring continued demand for rental units. With easy access to Route 55, commuting to surrounding areas or Philadelphia is a breeze.
Location
State NJ
County Gloucester
Area Glassboro Boro (20806)
Zoning R2
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling Window Unit(s)
Fireplace N
Heat Source Electric
Exterior
Parking Features Garage - Front Entry
Garage Spaces 1.0
Water Access N
Accessibility None
Total Parking Spaces 1
Garage Y
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Glassboro H.S.
School District Glassboro Public Schools
Others
Tax ID 06-00048-00001
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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