$124,900
$124,900
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1,976 SqFt
SOLD DATE : 02/14/2019
Key Details
Sold Price $124,900
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,976 sqft
Price per Sqft $63
Subdivision None Available
MLS Listing ID NJCD170784
Sold Date 02/14/19
Style Other
HOA Y/N N
Abv Grd Liv Area 1,976
Originating Board TREND
Year Built 1928
Annual Tax Amount $4,850
Tax Year 2018
Lot Size 4,000 Sqft
Acres 0.09
Lot Dimensions 40X100
Property Description
MOTIVATED SELLER! Wonderful Investment Opportunity!! Both units have steady long-term tenants. This area is well sought after due to the close proximity to Westfield Ave for shopping and transportation and the quiet residential location of Lexington Ave. Large back yard and driveway parking. Monthly rents could be increased by 10-15% as per market data. Currently $1,975 per month of income. Separate Outside entry to basement for unit 2. Move in a unit and rent the other or just rent both units and receive a great positive cash flow. One unit will pay all debt service, taxes, and insurance. 2nd unit is your positive cash flow. Need a tax deduction, investment properties are a great tool. Both units are 2 bedrooms and 1 bath each. Full basement with laundry connections for both units. Also, A large enclosed porch for unit 1. Separate gas heating, and electric. Both units share in water expense. New sewer line installed, updated bath, vinyl siding, replacement windows. Great monthly/annual return on this home. Owner is a licensed realtor/appraiser. Don't miss this opportunity, bring an Offer.
Location
State NJ
County Camden
Area Pennsauken Twp (20427)
Zoning RESID
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Flooring Fully Carpeted, Tile/Brick
Fireplace N
Window Features Replacement
Heat Source Natural Gas
Laundry Hookup
Exterior
Waterfront N
Water Access N
Roof Type Shingle
Accessibility None
Parking Type None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Longfellow
Middle Schools Howard M Phifer
High Schools Pennsauken
School District Pennsauken Township Public Schools
Others
Tax ID 27-04703-00014
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, VA, FHA 203(b)
Listing Terms Conventional, VA, FHA 203(b)
Financing Conventional,VA,FHA 203(b)
Special Listing Condition Standard
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Bought with James A Salvano • BHHS Fox & Roach-Medford
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "