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504 W BROAD ST Gibbstown, NJ 08027
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Key Details
Sold Price $279,900
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,572 sqft
Price per Sqft $78
MLS Listing ID NJGL2017084
Sold Date 08/01/22
Style Dwelling with Rental
Abv Grd Liv Area 3,572
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $6,137
Tax Year 2021
Lot Size 7,501 Sqft
Acres 0.17
Lot Dimensions 0.00 x 0.00
Property Description
An Absolute Money maker just hit the market! Check out this Quadplex with 3 Residential Rentals and 1 Storefront! Currently there are 2 units rented, 1st Floor 1 Bedroom unit has a tenant that has been there over 7 years ($770 a month) and unit 2B that is a 2 Bedroom unit being rented for $975 a month (Lease ends in October but would like to stay). There is another 1 bedroom unit upstairs that could be rented for about $975 and a large storefront with basement access for storage that could be rented for $1,100 a month or more! (Both units became vacant June 1st, 2022). Add it all together and you get $3,820 in income a month!!! Plus LOW Taxes ($6,200)!!!!! Everything in the building is electric and separated for each unit. There is also shared storage for units 2a & 2B upstairs and a very large attic that could also be used for additional storage with pull down stairs too. A full basement that is the footprint of the building which has access through the storefront and through bilco doors outside could be a separate income as well (Able to lock door from basement/store). So many possibilities for this gem! Schedule your appointment today!
Location
State NJ
County Gloucester
Area Greenwich Twp (20807)
Zoning 2SFA
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Ductless/Mini-Split, Window Unit(s)
Fireplace N
Heat Source Electric
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Foundation Permanent, Stone, Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Dwelling with Rental
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Greenwich Township Public Schools
Others
Tax ID 07-00063-00004
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Warren Knowles • BHHS Fox & Roach-Mullica Hill South