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Key Details
Sold Price $375,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 5,502 sqft
Price per Sqft $68
MLS Listing ID NJSA136390
Sold Date 03/16/20
Style Colonial
HOA Y/N N
Abv Grd Liv Area 5,502
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $7,196
Tax Year 2019
Lot Size 0.306 Acres
Acres 0.31
Lot Dimensions 50.00 x 220.00
Property Description
INVESTOR ALERT! This 4 Plex in downtown Woodstown is TURN KEY! It has been Completely Renovated and all 4 Units are Occupied with 1 Year Leases. There is 1 One Bedroom / 1 Bath Unit, 1 Three Bedroom / 1 Bath Unit, & 2 Three Bedroom / 2 Bath Units. Total of 10 Bedrooms & 6 Full Bathrooms. Total Square Footage of 5502. This entire building has been redone! The List goes on and on! 4 New Hi Efficiency Gas Forced Air Furnaces with Central A/C Units. 5 new water heaters (1 for the House to service the Laundry Room). Laundry Room has New Coin Operated Washing Machine and New Coin Operated Electric Dryer. All New Stainless Steel Appliances (Fridge/Range/Dishwasher in each unit). All 4 Kitchens have Granite Counters, Ceramic Tiled Floors and New Kitchen Cabinets. All 4 Bathrooms New Showers/Tubs, Vanities, Sinks, Ceramic Tiled Floors. All Units have New Laminate Wood Flooring. All New Electric and Service Panels - 5 Services. 1 for each unit and 1 for the House Meter. All New Plumbing. New Roof. New Vinyl Siding. New Windows. All New Insulation and Insulated between Units. New Sheetrock. Sewer Pipe Relined. Basement Fire Alarm. 2-3 Car Detached Garage. Large Irregular Shaped Lot accessed off of Spring Garden Street. If you are looking for an Investment that will surely pay off take a closer look at this property! Gross Annual Income of $61,200. Total Operating Expenses are $16, 176 leaving a Net Income of over $45,000 Per Year!
Location
State NJ
County Salem
Area Woodstown Boro (21715)
Zoning APARTMENT
Rooms
Basement Outside Entrance
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Laminated, Ceramic Tile
Equipment Dishwasher, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Water Heater
Fireplace N
Window Features Double Pane
Appliance Dishwasher, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Water Heater
Heat Source Natural Gas
Exterior
Exterior Feature Porch(es)
Water Access N
Roof Type Asphalt
Street Surface Black Top
Accessibility None
Porch Porch(es)
Road Frontage State
Garage N
Building
Lot Description Irregular
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Woodstown-Pilesgrove Regi Schools
Others
Tax ID 15-00038-00001
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Michael Mazur • Long & Foster Real Estate, Inc.