329-331 Route 168

    TURNERSVILLE, NJ 08012
    • $269,500
    • STATUS: Active
    • ON SITE: 68 days
    • ID#: NJGL247470
    UPDATED: 48 min ago
    $269,500
    • 0
      BEDS
    • 0.49
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,640
      SQFT
    • $164
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Did you talk to your accountant lately? Did he tell you to get an investment property? THIS ONE WILL MAKE HIM OR HER PROUD. This property has so much potential. First it's a corner property right where Rt 168 & Black Horse Pike come together. Excellent exposure & highly visible. So there is your location, location, location requirement. Upper and lower duplex and a separate building for a small business. so you have 2 buildings (3 if you count the small garage), a great lot that is 90x235 on the corner of a busy road. The seller is retiring and you can be the lucky new owner. The 1st floor of duplex is currently being rented for $1,100 monthly, 2nd floor is currently rented for $750. Commercial building next door was rented for $1,200 and just recently became empty. That's a total of $36,600 in income for the year. Total expenses for the year equate to $8,800 for taxes, $2,200 for Insurance and $2,000 for estimated repairs for $13,000 total on the year. This leaves you with an impressive $23,600 net each year after you decut the expenses. Each unit has separate meters for Gas and Electric. Seller is also willing to Owner Finance with a minimum of 10% down payment. Don't miss out or you will be sorry!!!

    Monthly Payment Calculator

    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-11-17T12:51:53.907.
    www.seeinsidethehouse.com/homes/98774450

    329-331 Route 168 TURNERSVILLE, NJ 08012

    • Price: $269,500
    • Status: Active
    • Updated: 48 min ago
    • ID#: NJGL247470
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.49
    Acres
    1,640
    SQFT
    $164
    $/SQFT
    Neighborhood:
    Washington Twp (20818)
    County:
    Gloucester
    Area:
    Washington Twp (20818)
    School District:
    Washington Township Public Schools
    Property Description
    Did you talk to your accountant lately? Did he tell you to get an investment property? THIS ONE WILL MAKE HIM OR HER PROUD. This property has so much potential. First it's a corner property right where Rt 168 & Black Horse Pike come together. Excellent exposure & highly visible. So there is your location, location, location requirement. Upper and lower duplex and a separate building for a small business. so you have 2 buildings (3 if you count the small garage), a great lot that is 90x235 on the corner of a busy road. The seller is retiring and you can be the lucky new owner. The 1st floor of duplex is currently being rented for $1,100 monthly, 2nd floor is currently rented for $750. Commercial building next door was rented for $1,200 and just recently became empty. That's a total of $36,600 in income for the year. Total expenses for the year equate to $8,800 for taxes, $2,200 for Insurance and $2,000 for estimated repairs for $13,000 total on the year. This leaves you with an impressive $23,600 net each year after you decut the expenses. Each unit has separate meters for Gas and Electric. Seller is also willing to Owner Finance with a minimum of 10% down payment. Don't miss out or you will be sorry!!!
    Exterior Features

    Architectural Style Colonial Construction Materials Frame Garage YN No Other Structures Above GradeBelow Grade Parking Types Driveway Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 1640 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Other Fireplaces Total 0 Heating Other Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

    Property Features

    Accessibility Features None Assessment Year 2018 Association YN No Central Air YN No Cooling Fuel Electric Heating Fuel Other Hot Water Other Navigable Water YN N Net Operating Income 13000.00 New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Original MLSNumber 302023570255 Ownership Interest Fee Simple Possession Settlement Property Sub Type Duplex Sale Type Standard Sewer Septic Exists Structure Design Type Twin/Semi-Detached Tax Annual Amount 8800.0 Tax Assessment Amount 233500.0 Tax Lot 00027 Total Actual Rent 36600.00 Vacation Rental YN No Water Source Well Zoning Hc

    Listing courtesy of Keller Williams Realty - Washington Township.
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-11-17T12:51:53.907.
     
    Keller Williams Real Estate
    6 State Route 173, Suite 202
    Clinton NJ, 08809