Gloucester City, NJ 08030,218-220 S BROADWAY
Gloucester City, NJ 08030,218-220 S BROADWAY
Gloucester City, NJ 08030,218-220 S BROADWAY
Gloucester City, NJ 08030,218-220 S BROADWAY
Gloucester City, NJ 08030,218-220 S BROADWAY
Gloucester City, NJ 08030,218-220 S BROADWAY
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$ 690,000
Est. payment | /mo

1,245 SqFt


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$ 690,000
Est. payment | /mo
Save

1,245 SqFt

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,245 sqft

Price per Sqft $554

MLS Listing ID NJCD2087408

Style Colonial

Abv Grd Liv Area 1,245

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $9,221

Tax Year 2022

Lot Size 2,361 Sqft

Acres 0.05

Lot Dimensions 20.00 x 118.00

Property Sub-Type Twin/Semi-Detached

Property Description

Fully Occupied with motivated Seller. This 6 unit apartment building is now for sale and cash flowing in downtown Gloucester City. All units recently updated and inspected, lead certs on file. Great for a 1031 Exchange. Deeded as 2 twins attached to one another, this building offers split gas and electric meters in the basement with owner paying for, water and sewer. Owner is reimbursed for heat by all tenants. Annual insurance is 4800/yearly. Quarterly CCMUA is $88./ per tenant. Utility usage is $55./mo per tenant. This building has 2 individual tax bills. (218 S. Broadway is $3357./yr and 220 S. Broadway is $6450./yr). Current monthly income is $7150./mo. and is fully occupied. This building is professionally managed by Connection Property Mgt.

Location

State NJ

County Camden

Area Gloucester City (20414)

Zoning RESIDENTIAL

Rooms

Basement Full, Outside Entrance

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling Window Unit(s)

Flooring Fully Carpeted, Hardwood, Luxury Vinyl Plank

Inclusions All appliances and current leases

Equipment Built-In Range, Refrigerator

Fireplace N

Appliance Built-In Range, Refrigerator

Heat Source Natural Gas

Exterior

Utilities Available Sewer Available, Water Available, Natural Gas Available, Electric Available, Cable TV Available

Water Access N

Roof Type Shingle

Accessibility None

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

School District Gloucester City Schools

Others

Tax ID 14-00135-00017

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Financing Cash,Conventional,Exchange

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Brian J Menchel • Connection Property Management
agent-avatar

+1(302) 245-7668

rakan.a@firststatehometeam.com

1521 Concord Pike, Suite 102, Wilmington, DE, 19803, United States

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218-220 S BROADWAY