Pitman, NJ 08071,16 MCCLELLAND AVE
Pitman, NJ 08071,16 MCCLELLAND AVE
Pitman, NJ 08071,16 MCCLELLAND AVE
Pitman, NJ 08071,16 MCCLELLAND AVE
Pitman, NJ 08071,16 MCCLELLAND AVE
Pitman, NJ 08071,16 MCCLELLAND AVE
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$275,000

$305,000

9.8%
Est.Price: ?

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Est. payment /mo

2,180 SqFt


SOLD DATE : 10/30/2018

Key Details

Sold Price $275,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,180 sqft

Price per Sqft $126

Subdivision None Available

MLS Listing ID 1003279991

Sold Date 10/30/18

Style Other

HOA Y/N N

Abv Grd Liv Area 2,180

Originating Board TREND

Year Built 1930

Annual Tax Amount $8,156

Tax Year 2017

Lot Size 7,134 Sqft

Acres 0.16

Lot Dimensions 82X87

Property Description

Here is an Excellent Opportunity to own a very well maintained turn key Investment Property in one of South Jersey's newly developing Downtown Area! Broadway Theatre, 2 Craft Breweries, Bakeries and Restaurants make this a local attraction that is all within walking distance. Many other shops and public transportation too!. This Building consists of 4 One Bedroom Apartments and an attached 2 Car Garage. The total available income is $47,400 with Expenses of $13,616. This leaves you with a Net Return of over $33,000 per year. That is an awesome return and guess what the building is ready to go with everything being maintained whenever necessary. Each Unit has separate Electric Meters that even includes their Washer/Dryer Hookups and Storage Cage in the basement. That's right each unit has a separate storage area in the basement that allows them to lock up bikes, seasonal decorations or whatever they need. Every unit also has a separate Laundry Hookup in the basement so that they do not have to seek an outside laundromat. The plumbing has all been updated with Pex Lines that run to each fixture. Off Street Parking is also available for the tenants use. The owner has all of the required documentation including State of NJ 5 Year Inspection Certificate, Annual Pitman Inspection, Fully Wired Basement Fire Alarm System with Monitoring (Required), Knox Box for Fire Department Access (Required). If you are looking for an investment that is ready to go opportunity is knocking!

Location

State NJ

County Gloucester

Area Pitman Boro (20815)

Zoning MULTI

Rooms

Other Rooms Primary Bedroom

Basement Full, Unfinished, Outside Entrance

Interior

Hot Water Natural Gas

Heating Gas, Hot Water, Baseboard

Cooling Wall Unit

Fireplace N

Heat Source Natural Gas

Laundry Hookup

Exterior

Garage Spaces 6.0

Utilities Available Cable TV Available

Waterfront N

Water Access N

Roof Type Flat

Accessibility None

Parking Type Attached Garage

Attached Garage 2

Total Parking Spaces 6

Garage Y

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

Middle Schools Pitman

High Schools Pitman

School District Pitman Boro Public Schools

Others

Tax ID 15-00196-00019

Ownership Fee Simple

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

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Bright MLS (BMLS)
Listed by Edward English • Weichert Realtors-Mullica Hill
Bought with James W Sullivan III • Century 21 Rauh & Johns
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900 Route 168 Bldg. H, Turnersville, NJ, 08012

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