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Key Details
Sold Price $635,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,496 sqft
Price per Sqft $181
MLS Listing ID NJGL2039388
Sold Date 07/09/24
Style Colonial
Abv Grd Liv Area 3,496
Originating Board BRIGHT
Year Built 1989
Annual Tax Amount $13,576
Tax Year 2023
Lot Size 1.130 Acres
Acres 1.13
Lot Dimensions 0.00 x 0.00
Property Description
BACK ON MARKET due to buyer financing falling through - Property appraised ABOVE the asking price. Make their loss, your GAIN! Calling all savy investors!! Don't miss this incredible opportunity to own an income producing quadplex, AND single family home in desirable Glassboro! Make money while you sleep, as this is a well ran investment where many of the updates have already been done for you! The 2 story apartment building features four (2 bedroom 1 bath each) apartments, with 2 units existing on each floor. This property has 3 long term tenants, and 2 units vacant so a new owner can step right in! Unit 1 has been FULLY renovated to the nines in the last year, totaling $11,000 in updates! Adjacent to the building is the stand alone single family home. This features 2 bedrooms and 1.5 bath, sitting a top an impressive 2 car garage access! The original building was built in 1989, but the stand alone single family home is 23 years young! This creates a unique opportunity to live where you invest and keep a close eye on your asset! Glassboro is an ideal location for renters as the area offers close proximity to the University hub hot spots, restaurants, shopping, grocery, library, public transportation, and MUCH more!! Schedule your tour today before it's gone!
Location
State NJ
County Gloucester
Area Glassboro Boro (20806)
Zoning R5
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Carpet, Vinyl, Laminated
Fireplace N
Heat Source Natural Gas
Exterior
Exterior Feature Deck(s)
Utilities Available Cable TV Available, Above Ground, Natural Gas Available, Electric Available, Sewer Available, Water Available
Waterfront N
Water Access N
View Trees/Woods
Roof Type Shingle
Accessibility None
Porch Deck(s)
Road Frontage Private
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
Elementary Schools Bowe School
Middle Schools Glassboro Intermediate
High Schools Glassboro H.S.
School District Glassboro Public Schools
Others
Tax ID 06-00426-00028 01
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Michael Anthony Grisko Jr. • RE/MAX Preferred - Mullica Hill
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John Martinich
Co-Owner | License ID: VA-0225221526
Co-Owner License ID: VA-0225221526