For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $999,999
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NJCD2017956
Sold Date 04/08/22
Originating Board BRIGHT
Year Built 1921
Annual Tax Amount $11,659
Tax Year 2021
Lot Size 0.689 Acres
Acres 0.69
Lot Dimensions 200.00 x 150.00
Property Description
Incredible Investor opportuty with this complete package of 9 fully rented units! It would be impossible to list all details here in this small display but here are some specifics (set up a call with us to go through more details) This package includes the following: *DUPLEX* 1st floor has 2 bedrooms, 1 bath, kitchen, living room & enclosed front sunroom/porch area and a cellar which has concrete recently parged walls provides storage & houses the 2 heaters & water heaters. 2nd floor has 2 bedrooms, 1 bath. living room & walk up attic access from one of the bedrooms. *5 STUDIO EFFICIENCIES* each of the 5 units are on their own independent meters, long term great tenants in each unit! * 1 BEDROOM EFFICIENCY UNIT - NEW CONSTRUCTION* this unit is on the end attached to the 5 studio apartments and it's absolutely beautiful! has its own washer & dryer and a mini split (Mini-split systems allow heating and cooling that operates independently of a central system, allowing efficient, economical control for only those occupied areas) pictures are included for this unit. *STAND ALONE COTTAGE UNIT" this one is located on the grounds sitting in front of the efficiency units and next to the duplex, it's a one bedroom cottage with a great long term tenant. This Real Estate Package is a rare find, there has never been a time in South Jersey's history where we've been in such a need for rental housing and the chance to own 9 units in one location just doesn't happen often! ADDED BONUS FEATURES... Newer Septic System November 2015, newer sidewalks and retaining walls. newer Roof on everything (the efficiencies & duplex December 2014 & Cottage October 2017) . There is a common laundry area for the efficiencies and the property is in an excellent location and is directly across from the historic lake "LAKE WORTH" There has never been a better time to own multiple rental units, call to schedule an appointment or for more details. ******Please do not go to the property or walk the grounds without an approved appointment!
Location
State NJ
County Camden
Area Clementon Boro (20411)
Zoning RESIDENTIAL
Interior
Hot Water Electric, Natural Gas
Heating Baseboard - Electric, Other, Forced Air
Cooling Other
Heat Source Electric, Natural Gas
Exterior
Garage Spaces 11.0
Waterfront N
Water Access N
View Lake, Trees/Woods, Street
Accessibility None
Total Parking Spaces 11
Garage N
Building
Sewer On Site Septic
Water Public
New Construction N
Schools
School District Clementon Borough Public Schools
Others
Tax ID 11-00077-00009
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Bank Portfolio, Private
Listing Terms Cash, Bank Portfolio, Private
Financing Cash,Bank Portfolio,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 Jeffrey Baals • Keller Williams Realty - Moorestown