218220 S Broadway

GLOUCESTER CITY, NJ 08030

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 2361
    Sqft(Lot)
$650,000

Description

Fully occupied with motivated seller. this 6 unit apartment building is now for sale and cash flowing in downtown gloucester city. all units recently updated and inspected, lead certs on file. great for a 1031 exchange. deeded as 2 twins attached to one another, this building offers split gas and electric meters in the basement with owner paying for, water and sewer. owner is reimbursed for heat by all tenants. annual insurance is 4800/yearly. quarterly ccmua is $88./ per tenant. utility usage is $55./mo per tenant. this building has 2 individual tax bills. (218 s. broadway is $3357./yr and 220 s. broadway is $6450./yr). current monthly income is $7150./mo. and is fully occupied. this building is professionally managed by connection property mgt.

  • Property Type

    Multi-Family

  • County

    CAMDEN

  • Style

    Colonial

  • AD ID

    48839442

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • Roof : Shingle
    • Basement Description: Full,Outside Entrance
    • Property Appliances: Built-In Range,Refrigerator

    Roofing Information

    • Shingle

    Heating & Cooling

    • Cooling: Window Unit(s)
    • Heating: Baseboard - Hot Water
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1900
    • Structure: Twin/Semi-Detached
    • Major Appliances: Built-In Range,Refrigerator
    • New Construction: No
    • Total Units: 4
    • Built: 1900
    • Construction Material: Frame
    • Roof: Shingle
    • Foundation/Basement: Block
    • Architecture: Colonial
    • Pool/Private: No Pool
    • Roof Type: Shingle

    Exterior Features

    • Utilities: Sewer Available,Water Available,Natural Gas Available,Electric Available,Cable TV Available

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 2,361
    • Dimensions: 20.00 x 118.00
    • Lot Size (Acres): 0.05
    • Architectural Style: Colonial
    • Main Square Feet: 2,361

    Property Information

    • SQ ft: 1,245
    • SQ ft (Living Area): 1,245
    • Total Lot SQ ft: 2,361
    • Financing: Cash,Conventional,Exchange
    • Appx. Lot Dimensions: 20.00 x 118.00
    • Total Acreage: 0.05
    • New Construction: No
    • Type: Colonial

  • Listing Information

    • Possession: 31-60 Days CD
    • Days Of Market: 29

  • Tax Information

    • Annual Tax: $9,221
    • Tax Year: 2022
    • Total Taxes Payment Frequency: Annually

    Possession

    • 31-60 Days CD

    Assessment Information

    • Taxes Assessment Amount: $67,100

  • Parking Information

    • Parking Type: Off Site,On Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional,Exchange
    • Roof: Shingle

    Homeowners Association Information

    • Direction: Market St to a left on Broad to home on left corner

  • School Information

    • School District: GLOUCESTER CITY SCHOOLS

    Utility Information

    • Sewer Available,Water Available,Natural Gas Available,Electric Available,Cable TV Available
    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas
    • Hot Water: Natural Gas

    Location Information

    • Location Type: Downtown
    • Direction: Market St to a left on Broad to home on left corner
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BuyOwner last updated this listing 04/10/2025 @ 18:33

  • MLS: NJCD2087408
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 2,361 sized lot, and 0 parking. are nearby neighborhoods.