$385,000
$399,999
3.7%For more information regarding the value of a property, please contact us for a free consultation.
2,000 SqFt
SOLD DATE : 01/03/2025
Key Details
Sold Price $385,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $192
MLS Listing ID NJCD2074374
Sold Date 01/03/25
Style Other
Abv Grd Liv Area 2,000
Originating Board BRIGHT
Year Built 1922
Annual Tax Amount $7,307
Tax Year 2023
Lot Dimensions 51.00 x 0.00
Property Description
This is a great opportunity to own an income producing duplex in the heart of magnolia! This property has been very well taken care of by its current owner. Unit A is a beautiful 1 bed 1 bath that was totally renovated 3 years ago (Landlord receives $1,700 a month). Unit B is a 3 bed 1 bath that also had a few updates within the past 2 years (Landlord receives $2,000 a month). These updates include brand new vinyl plank flooring, new kitchen appliances, and updated fixtures throughout. Both units have just received a brand new water heater. There is an unfinished basement that houses all the mechanicals, but is also used by the tenants for storage. The large wrap around driveway can hold up to 4+ cars as well as an oversized 2 car detached garage out back.
Location
State NJ
County Camden
Area Magnolia Boro (20423)
Zoning RES
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Parking Features Garage - Front Entry
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage Y
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Sterling High
Others
Tax ID 23-00002 12-00011
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Kathleen McDonald • BHHS Fox & Roach - Haddonfield