Bought with Timothy Kerr Jr. • Keller Williams Realty - Washington Township
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $111
MLS Listing ID NJGL264478
Sold Date 06/24/21
Style Colonial
HOA Y/N N
Abv Grd Liv Area 4,500
Originating Board BRIGHT
Year Built 1989
Annual Tax Amount $13,747
Tax Year 2020
Lot Size 1.130 Acres
Acres 1.13
Lot Dimensions 0.00 x 0.00
Property Sub-Type Detached
Property Description
Two buildings -one is a large Quad - 4 units in one building. Each is approximately 900+sq ft with 2 bedrooms and 1 bath. Two have just been spruced up for new rentals. Units 3&4 have leases in place at $1200-1250/month. Units 1&2 will be rented with one-year leases as of 9/1 and 12/1 at $1250 each. Among the other two units, Unit 4 is on month to month lease and Unit 3's lease expires April 2021. The 2nd building is owner's unit - less than 20 yrs old. It's a single home with 2nd floor open concept 2 bedroom and 1 bath upstairs. Sits over a 2 car garage which features laundry and a 1/2 bath. This lower level can be easily made into a 6th unit. Buyer would have to apply for a variance to do so. This all sits on 1.13 acres, only 1/2 developed. Buyer can apply for a variance to add more units in the rear. May need to add a turnabout to do so. This may require the purchase of 123 Earl and 125 Earl to have enough land to do so. The owner's unit with 2beds and 1.5 baths and laundry and a 2car garage can rent for $1400+ after current owner vacates. Strictly AS-IS. Seller will not provide c.o. -new owner will have to do their own Landlord registration/c.o. Check with township for c.o. requirements on occupied units during Covid emergency. They are doing exterior only, owner provides interior pics or video and then they issue temp c.o. until the emergency is lifted.
Location
State NJ
County Gloucester
Area Glassboro Boro (20806)
Zoning R5
Interior
Hot Water Natural Gas
Heating Forced Air, Central
Cooling Central A/C, Window Unit(s)
Flooring Bamboo, Carpet, Ceramic Tile, Laminated, Vinyl
Fireplace N
Heat Source Natural Gas
Exterior
Exterior Feature Balcony, Deck(s)
Garage Spaces 10.0
Utilities Available Cable TV Available, Above Ground, Natural Gas Available, Electric Available, Sewer Available, Water Available
Water Access N
View Trees/Woods
Roof Type Shingle
Accessibility None
Porch Balcony, Deck(s)
Road Frontage Private
Total Parking Spaces 10
Garage N
Building
Lot Description Backs to Trees, Cleared, Level, Trees/Wooded
Foundation Block, Crawl Space
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
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION
Brian Collini
Broker of Record / Owner | License ID: 1324485/0455485
Broker of Record / Owner License ID: 1324485/0455485