$315,000
$299,999
5.0%For more information regarding the value of a property, please contact us for a free consultation.
2,224 SqFt
SOLD DATE : 09/06/2023
Key Details
Sold Price $315,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,224 sqft
Price per Sqft $141
MLS Listing ID NJCD2049060
Sold Date 09/06/23
Style Other
Abv Grd Liv Area 2,224
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $6,368
Tax Year 2022
Lot Size 8,303 Sqft
Acres 0.19
Lot Dimensions 0.00 x 0.00
Property Description
**Multiple offers - Highest and Best Due Tuesday 6/13/23 - 12pm** Triplex with GREAT cash flow opportunity. Unit A is currently rented below market value $1,166 with 2 beds and one bath w/ full access to basement for laundry and storage. Unit C is a studio being rented at $750 and Unit B is Vacant, great for first time investor with ability to subsidize their mortgage while renting the other two units out, or listing for area standard at $1,200 minimum! The current rents are in effect until February, 1st 2024. Leases are in hand. Keep in mind the future value of this property, for a GREAT price. Tenants are currently not paying any additional rent for access to the basement which is connected via separate access for units A+B. Unit A only has access at the moment for their personal laundry/Storage area. All units are on separate meters for electricity. Owner currently pays water, sewer, gas, taxes and electric for hot water. All other electric is divided out. Leases are in hand for review, just inquire with your agent! There is huge upside potential here. Building is being sold strictly as-is.
Location
State NJ
County Camden
Area Berlin Twp (20406)
Zoning R2
Rooms
Basement Full
Interior
Hot Water Natural Gas
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type Off Street
Garage N
Building
Foundation Concrete Perimeter, Block
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Berlin Township Public Schools
Others
Tax ID 06-00212-00010
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Contract, Conventional, FHA, VA
Listing Terms Cash, Contract, Conventional, FHA, VA
Financing Cash,Contract,Conventional,FHA,VA
Special Listing Condition Standard
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Bought with Harry Malapetsas • EXP Realty, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "