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Key Details
Sold Price $187,500
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,680 sqft
Price per Sqft $50
Subdivision Billingsport
MLS Listing ID 1001280741
Sold Date 10/31/17
Style Other
HOA Y/N N
Abv Grd Liv Area 3,680
Originating Board TREND
Year Built 1920
Annual Tax Amount $7,007
Tax Year 2016
Lot Size 5,900 Sqft
Acres 0.14
Lot Dimensions 50X118
Property Description
"Great Positive Cash Flow" "Investors Dream" Don't miss out on this great investment property with great positive cash flow that features 4-two bedroom apartments with a total approximately 3,680 sqft. The tenants pay their own gas and electric bills which are all metered separately. The only bill the landlord pays is the flat fee of $1,950 total for the year for the water & sewer bill. If you run the numbers for income and expenses, this is a real money maker monthly. The property is located near the new Port of Paulsboro which is going to grow the economy and housing market of Paulsboro making this even a better investment property. Also conveniently located near Rt 295 North and South to be in the City or Delaware with 15-20 minutes. Run the numbers and you will see why this is a good one!
Location
State NJ
County Gloucester
Area Paulsboro Boro (20814)
Zoning MUL
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished
Interior
Hot Water Electric
Heating Gas, Radiator
Cooling None
Fireplace N
Heat Source Natural Gas
Laundry None
Exterior
Utilities Available Cable TV Available
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
Elementary Schools Billingsport Early Childhood Center
High Schools Paulsboro
School District Paulsboro Public Schools
Others
Tax ID 14-00036-00010
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Ronald A Bruce Jr. • BHHS Fox & Roach-Mullica Hill South
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