1,632 SqFt
1,632 SqFt
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,632 sqft
Price per Sqft $152
Subdivision None Available
MLS Listing ID NJGL2047252
Style Other
Abv Grd Liv Area 1,632
Originating Board BRIGHT
Year Built 1967
Annual Tax Amount $2,908
Tax Year 2024
Lot Size 1,476 Sqft
Acres 0.03
Lot Dimensions 18.00 x 82.00
Property Description
Listed at $249,000, this must-see property offers endless potential for investors and delivers a **strong cap rate of approximately 13.2%!**
**Property Details:**
- **First Floor:** Features a versatile commercial space, perfect for business ventures, along with a cozy one-bedroom residential unit in the rear.
- **Second Floor:** Includes a spacious two-bedroom apartment, ideal for comfortable living or generating additional rental income.
- **Utilities:** Equipped with separate electric meters for added convenience and ease of management.
- **Rental Income:** All three units are currently rented, providing consistent income:
-One Bedroom first floor : $1,450/month
-One Bedroom second floor $1,250/month
-Commercial : $700/month
**Key Highlights:**
- Fully rented, ensuring immediate and reliable cash flow.
- Offers a blend of commercial and residential spaces, making it ideal for diverse investment strategies.
- Perfect for living, working, or investing all under one roof.
**Important Note:** A tenant currently resides on the property. Please be respectful and kind when scheduling viewings.
Don't miss this amazing opportunity to own a multi-use property with excellent income potential. Contact us today to learn more or schedule a showing!
Location
State NJ
County Gloucester
Area Paulsboro Boro (20814)
Zoning MIXED
Rooms
Basement Partial
Interior
Hot Water Electric
Heating None
Cooling Wall Unit
Fireplace N
Heat Source None
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available, Under Ground
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Paulsboro Public Schools
Others
Tax ID 14-00079-00003
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
