218-220 S BROADWAY Active Save Request In-Person Tour Request Virtual Tour
Gloucester City,NJ 08030
Key Details
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,245 sqft
Price per Sqft $522
MLS Listing ID NJCD2087408
Style Colonial
Year Built 1900
Annual Tax Amount $9,221
Tax Year 2022
Lot Size 2,361 Sqft
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
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
Exterior
Utilities Available Sewer Available,Water Available,Natural Gas Available,Electric Available,Cable TV Available
Water Access N
Roof Type Shingle
Building
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Dry Wall
New Construction N
Schools
School District Gloucester City Schools
Others
Acceptable Financing Cash,Conventional,Exchange
Listing Terms Cash,Conventional,Exchange
Special Listing Condition Standard