Florence, NJ 08518,1016 W 3RD ST
Florence, NJ 08518,1016 W 3RD ST
Florence, NJ 08518,1016 W 3RD ST
$350,000
Est. payment /mo
$325,000
7.7%
Est.Price: ?

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2,063 SqFt
SOLD DATE : 08/30/2024

Key Details

Sold Price $350,000

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,063 sqft

Price per Sqft $169

MLS Listing ID NJBL2063876

Sold Date 08/30/24

Style Other

Abv Grd Liv Area 1,718

Originating Board BRIGHT

Year Built 1910

Annual Tax Amount $3,657

Tax Year 2023

Lot Size 3,450 Sqft

Acres 0.08

Property Description

Welcome to your next investment opportunity in Florence, NJ! This duplex presents a prime chance to capitalize on rental income and property appreciation. The first-floor unit offers an oversized 1 bedroom, 1 bathroom layout with a finished basement, perfect for immediate occupancy or rental. Meanwhile, the second-floor unit, with 2 bedrooms and 1 bathroom, is currently tenant-occupied, generating $1600 per month and expressing interest in a continued lease. Both units are updated and turnkey ready, promising low maintenance and high tenant satisfaction. With potential total rental income reaching $3400 per month and the added benefit of low taxes, this property stands as a solid investment choice. Located in a community renowned for its pride and convenience to public transportation, this duplex is a lucrative addition to any portfolio. Don't hesitate—seize this opportunity to secure your foothold in the flourishing Florence real estate market. Schedule your viewing today!

Location

State NJ

County Burlington

Area Florence Twp (20315)

Zoning RES

Rooms

Basement Fully Finished

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Window Unit(s)

Equipment Dryer, Oven/Range - Gas, Refrigerator, Washer

Appliance Dryer, Oven/Range - Gas, Refrigerator, Washer

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Waterfront N

Water Access N

Accessibility None

Parking Type On Street, Driveway

Total Parking Spaces 2

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Florence Township Public Schools

Others

Tax ID 15-00003-00001

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Melanie C Elliott • Century 21 Veterans-Newtown
Bought with Rosemarie Jenkins • Vylla Home

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Irma Rodriguez

+1(302) 357-1823

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