514 MIDDLESEX ST Under Contract

Gloucester City,NJ 08030

$ 249000

3 Beds

2 Baths

1712 SqFt


Key Details

Property Type Townhouse

Sub Type Twin/Semi-Detached

Listing Status Under Contract

Purchase Type For Sale

Square Footage 1,712 sqft

Price per Sqft $145

Subdivision None Available

MLS Listing ID NJCD2089944

Style Other

Bedrooms 3

Full Baths 2

Year Built 1900

Annual Tax Amount $4,747

Tax Year 2024

Lot Size 2,100 Sqft

Property Sub-Type Twin/Semi-Detached

Property Description

Gloucester City Duplex available at a great price! 2 beds, 1 bath downstairs, 1 bedroom, 1 bath upstairs. The upstairs is currently rented under market value for 975.00 per month. The downstairs was recently vacated. Market rent for downstairs is 1650.00. Market Rent for upstairs is 1200.00. This would give you a NOI of about 29,000 per year, a great CAP rate! Or, live in the bottom floor while your upstairs tenant pays most of your mortgage! This home features a covered front porch and fenced in backyard. Each unit has a nicely sized kitchen and bathroom.

Location

State NJ

County Camden

Area Gloucester City (20414)

Zoning MULTI

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Ceiling Fan(s)

Inclusions Current Tenants Lease

Laundry None

Exterior

Water Access N

View City

Building

Story 2

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Gloucester City Schools

Others

Acceptable Financing Cash,Conventional,FHA

Listing Terms Cash,Conventional,FHA

Special Listing Condition Standard

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