$225,000
$219,900
2.3%For more information regarding the value of a property, please contact us for a free consultation.
3,033 SqFt
SOLD DATE : 06/04/2024
Key Details
Sold Price $225,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,033 sqft
Price per Sqft $74
MLS Listing ID NJSA2010778
Sold Date 06/04/24
Style Colonial
Abv Grd Liv Area 3,033
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $5,858
Tax Year 2023
Lot Size 5,934 Sqft
Acres 0.14
Lot Dimensions 46.00 x 0.00
Property Description
Completely renovated in 2019, this duplex features a new roof, new HVAC, new siding, new electrical and new plumbing, along with bathrooms and a complete interior overhaul. Each side boasts 4 bedrooms and 2 bathrooms, providing ample space and comfort for tenants. Unit 79 rents for $1300/month, while Unit 81 commands $1600/month, totaling $2900/month in rental income or $34,800 annually. After deducting $5858 in taxes, $1240 in sewer, and $1590 in insurance annually, the Net Operating Income (NOI) remains strong at over $26,000 per year! Perfect for investors seeking turnkey rental properties with proven income potential. Showings are by appointment only due to tenants occupying the premises. Schedule a showing today!
Location
State NJ
County Salem
Area Penns Grove Boro (21708)
Zoning RES
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Fireplace N
Heat Source Natural Gas Available
Exterior
Waterfront N
Water Access N
Roof Type Shingle
Accessibility 2+ Access Exits
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Penns Grove-Carneys Point Schools
Others
Tax ID 08-00052-00001 01
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, Other, Private
Listing Terms Cash, Conventional, Other, Private
Financing Cash,Conventional,Other,Private
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jill Santandrea • Exit Realty Defined
Specializing in buyer, seller, tenant, and investor clients. We sell heart, hustle, and a whole lot of homes.
Nettles and Co. is a Philadelphia-based boutique real estate team led by Brittany Nettles. Our mission is to create community by building authentic relationships and making one of the most stressful and intimidating transactions equal parts fun, comfortable, and accessible.