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Key Details
Sold Price $150,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,100 sqft
Price per Sqft $48
Subdivision Billingsport
MLS Listing ID 1000357965
Sold Date 04/27/18
Style Other
HOA Y/N N
Abv Grd Liv Area 3,100
Originating Board TREND
Year Built 1920
Annual Tax Amount $6,246
Tax Year 2017
Lot Size 6,360 Sqft
Acres 0.15
Lot Dimensions 53X120
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 3,100 sqft. The property is known as 519-521 5th Street with apartments A & B for each. 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 Partial, Unfinished
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Fireplace N
Heat Source Natural Gas
Laundry None
Exterior
Fence Other
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
High Schools Paulsboro
School District Paulsboro Public Schools
Others
Tax ID 14-00045-00012
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Joshua Faust • RE LINC Real Estate Group
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