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Key Details
Sold Price $325,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,762 sqft
Price per Sqft $86
Subdivision Magnolia Gardens
MLS Listing ID NJCD361112
Sold Date 09/13/19
Style Victorian
HOA Y/N N
Abv Grd Liv Area 3,762
Originating Board BRIGHT
Year Built 1860
Annual Tax Amount $11,248
Tax Year 2019
Lot Dimensions 85.00 x 130.00
Property Description
What an amazing opportunity! Four rental units in one! This four unit property minimizes expenses and increases profitability! Current owner has moved out of the area and would love to see a new owner have the opportunity to reap the benefits of this GEM! Character and charm galore are offered in this amazing Mid-1800 century home, that is said to be the first built in Magnolia Proper! The rental income is $4300 monthly. Three of the four units are currently occupied and we are currently looking for an excellent tenant to fill the forth! So many recent updates! New Roof(both home2017 and Porch2018) Entire porch was rehabbed! Converted to gas in 2014, oil tanks in basement are abandoned, many windows replaced 2017, water heater 2014, sewer line to street 2018, driveway resurfaced 2015, Largest apartment was completely rehabbed 2018, upper 2 bed & the upper efficiency were both updated in 2018. Basement cleaned up 2018, and the list goes on! Hurry before this one says SOLD!!! You be sure to like what you see!!!
Location
State NJ
County Camden
Area Magnolia Boro (20423)
Zoning RESIDENTIAL
Rooms
Basement Combination
Interior
Hot Water 60+ Gallon Tank
Heating Radiator
Cooling Window Unit(s)
Flooring Hardwood, Ceramic Tile
Fireplaces Number 2
Fireplace Y
Heat Source Natural Gas
Exterior
Garage Spaces 1.0
Waterfront N
Water Access N
Accessibility None
Total Parking Spaces 1
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Victorian
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Sterling High
Others
Tax ID 23-00007 01-00001
Ownership Fee Simple
SqFt Source Assessor
Security Features Exterior Cameras
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Michael B Tyszka • Keller Williams Realty - Cherry Hill
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