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Key Details
Sold Price $232,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,280 sqft
Price per Sqft $101
Subdivision Harmony Acres
MLS Listing ID NJGL2040454
Sold Date 05/16/24
Style Colonial
Abv Grd Liv Area 2,280
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $6,976
Tax Year 2023
Lot Size 4,949 Sqft
Acres 0.11
Lot Dimensions 49.00 x 101.00
Property Description
We all know a good duplex is hard to find but what about one where each unit is a 4 bedroom!!
That's right this home is a side-by side duplex with each unit consisting of 4 bedroom and 1 full bath. Both units are currently occupied with tenants who are in good standing and are up-to-date on rent, Each unit is about 1140 sq ft and has three floors with the bathroom being on second floor. There is a driveway on each side of the house for the different units and also the township water/sewer bill is split making it easier to charge back the tenants for the utilities! House sits directly next to the Paulsboro Administrative/Police Building. This home was completely down to the studs in 2019 and at that time had new electrical, plumbing, and hvac work done.
Unit 16 - month to month about to renew
$1370 monthly rent prior to renewal
Tenant pays all utilities (electric, gas, water/sewer)
Unit 18 - lease end 12/31/24
$1525 monthly rent
Tenant pays all utilities (electric, gas, water/sewer)
That's a total monthly rent roll of $2,895!! HUD fair market rents for 2024 in this zip code are $1990 for a 4 bedroom! Duplex being sold as-is.
Location
State NJ
County Gloucester
Area Paulsboro Boro (20814)
Zoning RESIDENTIAL
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Paulsboro Public Schools
Others
Tax ID 14-00087-00002
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Private, Negotiable, Other
Listing Terms Cash, Private, Negotiable, Other
Financing Cash,Private,Negotiable,Other
Special Listing Condition Standard
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Bought with Michael Coffee • HOF Realty
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