$360,000
$425,000
15.3%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 10/15/2018
Key Details
Sold Price $360,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Subdivision Na
MLS Listing ID 1002106160
Sold Date 10/15/18
Style Other
HOA Y/N N
Originating Board TREND
Year Built 1920
Annual Tax Amount $13,732
Tax Year 2017
Lot Dimensions 103X156
Property Description
8 UNITS Great Investment Property located just off the White Horse Pike close to Route 295 just 15 minutes to Philadelphia. This 8 unit mixed use property has 5 apartments and 3 store fronts. 5 Apartments, 950 sqft each with four of the units being 2 bedrooms and one being 1 bedroom. 3 Store fronts one leased to a dog groomer and 2000 sq ft double unit now for lease for $2000per/month. All two bedroom apartments are leased for $950/month, dog groomer pays $800. Great rental history for this property with excellent upside potential. Rear of property has 17 parking spaces, plus municipal parking across the street. Two building combined, block building with flat roof separate entrance for tenants and separate utilities for tenants. Owner occupies one of the units which is a potential extra $950 a month income. Great property a must see.
Location
State NJ
County Camden
Area Magnolia Boro (20423)
Zoning MULTI
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Hot Water Electric
Heating Gas, Electric
Cooling Wall Unit
Fireplace N
Heat Source Natural Gas, Electric
Laundry Common
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
New Construction N
Schools
School District Magnolia Borough Public Schools
Others
Tax ID 23-00002 15-00019
Ownership Fee Simple
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Bought with Sidney Benstead • BHHS Fox & Roach-Marlton
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "