Description
**incredible multi-use investment property!** fully renovated. can print $$ for twenty years.
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!
Property Type
Multi-FamilySubdivision
None AvailableCounty
GLOUCESTERStyle
OtherAD ID
46869831
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Basement Description: Partial
Heating & Cooling
- Cooling: Wall Unit
- Heating: None
- Cooling Fuel: Electric
- Heating Fuel: None
-
Exterior Features
Building Information
- Year Built: 1967
- Structure: Detached
- New Construction: No
- Total Units: 3
- Built: 1967
- Construction Material: Block
- Foundation/Basement: Concrete Perimeter
- Architecture: Other
- Pool/Private: No Pool
Exterior Features
- Utilities: Water Available,Sewer Available,Natural Gas Available,Electric Available,Phone,Cable TV Available,Under Ground
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 1,476
- Dimensions: 18.00 x 82.00
- Lot Size (Acres): 0.03
- Architectural Style: Other
- Main Square Feet: 1,476
Property Information
- SQ ft: 1,632
- SQ ft (Living Area): 1,632
- Total Lot SQ ft: 1,476
- Subdivision: NONE AVAILABLE
- Appx. Lot Dimensions: 18.00 x 82.00
- Total Acreage: 0.03
- New Construction: No
- Type: Other
-
Listing Information
Listing Information
- Possession: Immediate
- Days Of Market: 110
-
Taxes / Assessments
Tax Information
- Annual Tax: $2,908
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Immediate
Assessment Information
- Taxes Assessment Amount: $66,100
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Homeowners Association Information
- Direction: Use GPS
-
School, Utilities & Location Details
School Information
- School District: PAULSBORO PUBLIC SCHOOLS
Utility Information
- Water Available,Sewer Available,Natural Gas Available,Electric Available,Phone,Cable TV Available,Under Ground
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: None
- Hot Water: Electric
Location Information
- Location Type: Downtown
- Direction: Use GPS
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BuyOwner last updated this listing 01/08/2025 @ 04:01
- MLS: NJGL2047252
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 1,632 sqft, 1,476 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of PAULSBORO , in zip code 08066, this GLOUCESTER County Other , it is in the NONE AVAILABLE Subdivision, are nearby neighborhoods.