$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
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
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Bought with Eileen M Meyers • Jane Hoffman Realty, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "