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Key Details
Sold Price $729,787
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,592 sqft
Price per Sqft $458
Subdivision Not In Use
MLS Listing ID NJGL2041174
Sold Date 07/19/24
Style Colonial
Abv Grd Liv Area 1,592
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $9,398
Tax Year 2023
Lot Size 0.362 Acres
Acres 0.36
Lot Dimensions 0.00 x 0.00
Property Description
$82.2k Gross Rents. $66.5k NOI. VERY RARE Opportunity in the heart of Glassboro to own detached home while collecting rent from three DETACHED rental units (or can rent all as pure investment). 5 minute walk to main campus. Detached house with three separate rental units. This property qualifies for preferential residential loan, rather then just a commercial loan. Option to live in your own detached personal house, while collecting rental income from three detached units in the rear of the property. Or buy as a pure investment. The house has three bedrooms and one bathroom. The three rental units in the back receive the following rents: House: 3BD/1BA - $2400 Unit 1: 2BD/1BA - $1650 Unit 2: 1BD/1BA - $1400 Unit 3: 1BD/1BA - $1400 Large lot with plenty of off-street parking in paved areas. One minute walk to Walgreens, three min walk to Landmarks and five min walk to main campus.
Location
State NJ
County Gloucester
Area Glassboro Boro (20806)
Zoning C4
Rooms
Basement Partial, Outside Entrance
Interior
Hot Water Electric
Heating Radiator
Cooling Wall Unit
Fireplace N
Heat Source Oil
Exterior
Garage Spaces 7.0
Water Access N
Roof Type Shingle
Accessibility None
Total Parking Spaces 7
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
Middle Schools Glassboro Intermediate
High Schools Glassboro H.S.
School District Glassboro Public Schools
Others
Tax ID 06-00014-00018
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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Bought with Rob Lavecchia • Keller Williams Realty - Cherry Hill