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418 ELBO LN Mount Laurel, NJ 08054
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Key Details
Sold Price $273,750
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $114
Subdivision None Available
MLS Listing ID 1002610068
Sold Date 01/19/16
Style Other
HOA Y/N N
Abv Grd Liv Area 2,400
Originating Board TREND
Year Built 1992
Annual Tax Amount $7,349
Tax Year 2015
Lot Size 3.000 Acres
Acres 3.0
Lot Dimensions 0 X 0
Property Description
Triplex, 22 years young, modular construction, each unit identical 2BR/1BA. All situated on 3 acres of ground. Annual income of $37,740 with total expenses only $10,656. Net Operating Income is $27,084. Septic system is well maintained each year. Public water. Units all 100% electric. OR consider rebuilding/redevelopment opportunities on prime 3 acres of ground. 100% leased, all tenants current, Lots of off street parking. Bucolic setting, property is nicely set back from Elbo Lane. Seller says sell now.
Location
State NJ
County Burlington
Area Mount Laurel Twp (20324)
Zoning MULTI
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Heating Electric, Baseboard
Cooling Wall Unit
Flooring Fully Carpeted, Vinyl
Fireplace N
Heat Source Electric
Laundry None
Exterior
Garage Spaces 8.0
Utilities Available Cable TV Available
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Total Parking Spaces 8
Garage N
Building
Foundation Brick/Mortar
Sewer On Site Septic
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
Middle Schools Mount Laurel Hartford School
School District Mount Laurel Township Public Schools
Others
Tax ID 24-00803 07-00009
Ownership Fee Simple
Acceptable Financing Conventional, VA, FHA 203(b), USDA
Listing Terms Conventional, VA, FHA 203(b), USDA
Financing Conventional,VA,FHA 203(b),USDA
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Bought with Yun Li • Liberty Real Estate
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