Gloucester City, NJ 08030,327 N BURLINGTON ST
Gloucester City, NJ 08030,327 N BURLINGTON ST
Gloucester City, NJ 08030,327 N BURLINGTON ST
Gloucester City, NJ 08030,327 N BURLINGTON ST
Gloucester City, NJ 08030,327 N BURLINGTON ST
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$122,500

$129,900

5.7%
Est.Price: ?

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Est. payment /mo

1,616 SqFt


SOLD DATE : 06/17/2022

Key Details

Sold Price $122,500

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,616 sqft

Price per Sqft $75

MLS Listing ID NJCD2021610

Sold Date 06/17/22

Style Other

Abv Grd Liv Area 1,616

Originating Board BRIGHT

Year Built 1910

Annual Tax Amount $3,423

Tax Year 2020

Lot Size 1,999 Sqft

Acres 0.05

Lot Dimensions 100.00 x 20.00

Property Description

INVESTOR OPPORTUNITY Duplex in Gloucester City. Both units of this Duplex are currently Tenant occupied. Each unit is 1 Bedroom/1 Bathroom with a Living Room and Kitchen. Each Tenant pays own Heat, Gas and Electric. Each unit is metered separately. The Landlord pays the Water, Sewer and Property Taxes. There are 2 Heaters and 2 Hot Water Heaters (one for each unit). The 1st Floor Tenant has access to the Basement. There is a common portico-type entry shared by both Tenants. The private doors to their individual units are inside the front entry portico. The property is being sold in completely “as is condition” which is reflected in the List Price. The property does need a good deal of TLC and updating. The Seller will do no repairs. This is not for a timid investor, but for one prepared to do updating and renovation for future prospective tenants. As a result, the Seller is not entertaining any financed offers that would condition repairs be done to the property in order for the Buyer to obtain financing. The property is best suited for a Cash Buyer or an Investor using Commercial financing that would NOT require repairs prior to closing. Both Tenants are paying below market rent prices. With future renovation, the rent prices could easily be increased for new prospective tenants. Floor plans are attached to the listing and available to view. Showing days/times will be limited. Inquire with Listing Agent.

Location

State NJ

County Camden

Area Gloucester City (20414)

Zoning RES

Rooms

Basement Full

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling None

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Gloucester City Schools

Others

Tax ID 14-00012-00015

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Teresa M McKenna • EXP Realty, LLC
Bought with William B Spinner • Real Broker, LLC

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Rachel Romano

REALTOR® | License ID: 1111154

+1(609) 238-1329

123 W Jersey Ave, Pitman, NJ, 08071

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