$453,250
$475,000
4.6%For more information regarding the value of a property, please contact us for a free consultation.
3,392 SqFt
SOLD DATE : 10/18/2024
Key Details
Sold Price $453,250
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,392 sqft
Price per Sqft $133
Subdivision Normandy Hamlets
MLS Listing ID NJCD2076912
Sold Date 10/18/24
Style Straight Thru
Abv Grd Liv Area 3,392
Originating Board BRIGHT
Year Built 1880
Annual Tax Amount $9,860
Tax Year 2024
Lot Size 3,598 Sqft
Acres 0.08
Lot Dimensions 20.00 x 90.00
Property 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!
Location
State NJ
County Camden
Area Gloucester City (20414)
Zoning RESIDENTIAL
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Gloucester City Schools
Others
Tax ID 14-00079-00034
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Jeff P. Fagerstrom • Sweet Pea Realty LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "