Here is an excellent opportunity to own an income generating multi use property with great visibility on a corner lot. There are 3 one bedroom residential units, an office, and a detached 2 car garage! One residential unit is currently vacant. The property is very well maintained with new siding, new roof, and half of the windows replaced. Gas and electric utilities are separate for each unit and each unit has washer/dryer hookups in the unit. The landlord pays for water and sewer. The vacant unit was recently updated with new kitchen, bathroom and carpet. Unit A is the office currently rented out for $900 a month and owner occupied. The owner is willing to lease back the office. Unit B is leased for $1,250.00 per month, Unit C is vacant but could rent for $1,350.00, Unit D is rented for $1,350.00 a month, and the garage is rented for $245 a month. For a diversified income stream you can't beat this property.
Property Type :
Multi-Family
County :
GLOUCESTER
Style :
Multi-Family
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ByOwner last updated this listing 04/28/2024 @ 01:01
MLS: NJGL2040566
LISTED BY: Joseph G Damone , Better Homes and Gardens Real Estate Maturo
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
