412414 Powell Street

GLOUCESTER CITY, NJ 08030

  • 0 Bed(s)
  • 0 Bath(s)
  • 1,696 Sqft
  • 3598
    Sqft(Lot)
$475,000

Description

Take over this cash-flowing quadraplex in the heart of gloucester city, a commuter’s dream location. each of the four units features 2 bedrooms, 1 bathroom, a spacious living room, and an eat-in kitchen, offering comfortable layouts ideal for renters. currently bringing in $5,475/month, the rent roll is as follows:

412a: $1,400/mo; $2,100 dep; thru 8/31/25.
412b: $1,500/mo; $2,250 dep; thru 8/31/25.
414a: $1,175/mo; $1,387.50 dep; month-to-month.
414b: $1,400/mo; $2,100 dep; thru 8/31/2025.

the property has been recently renovated, ensuring low maintenance for the new owner. currently fully occupied, this investment generates consistent income and has value-add opportunities. whether you're expanding your portfolio or looking for your first income property, this turnkey quadplex is an excellent opportunity. don't miss out!

  • Property Type

    Multi-Family

  • Subdivision

    Normandy Hamlets

  • County

    CAMDEN

  • Style

    Straight Thru

  • AD ID

    47031590

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Property Details

  • Water/Sewer

    • Water Source : Public

    Heating & Cooling

    • Cooling: None
    • Heating: Hot Water
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1880
    • Structure: Detached
    • New Construction: No
    • Total Units: 4
    • Built: 1880
    • Construction Material: Frame
    • Foundation/Basement: Stone
    • Architecture: Straight Thru
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 3,598
    • Dimensions: 20.00 x 90.00
    • Lot Size (Acres): 0.08
    • Architectural Style: Straight Thru
    • Stories Total: 2
    • Main Square Feet: 3,598

    Property Information

    • SQ ft: 3,392
    • SQ ft (Living Area): 3,392
    • Total Lot SQ ft: 3,598
    • Subdivision: NORMANDY HAMLETS
    • Appx. Lot Dimensions: 20.00 x 90.00
    • Total Acreage: 0.08
    • New Construction: No
    • Type: Straight Thru

  • Listing Information

    • Possession: Subject to Existing Lease
    • Days Of Market: 8

  • Tax Information

    • Annual Tax: $9,860
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Subject to Existing Lease

    Assessment Information

    • Taxes Assessment Amount: $196,800

  • Parking Information

    • Parking Type: On Street

    Homeowners Association Information

    • Direction: Broadway to Market to 5th to Powell

  • School Information

    • School District: GLOUCESTER CITY SCHOOLS

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas
    • Hot Water: Natural Gas

    Location Information

    • Direction: Broadway to Market to 5th to Powell
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BuyOwner last updated this listing 11/16/2024 @ 22:56

  • MLS: NJCD2076912
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is recently sold, it has 1,696 sqft, 3,598 sized lot, and 0 parking. are nearby neighborhoods.