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246-48 Billings Avenue

PAULSBORO, NJ 08066
  • $215,000
  • STATUS: Active
  • ON SITE: 51 Days
  • ID#: NJGL2007844
UPDATED: 71 min ago
$215,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,128
    SQFT
  • $101
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Turn your cash into cashflow! Unique value in Desirable Billingsport. Move fast to see this impressive multi-unit property (plus a bonus lot!) on a quiet street in one of South Jersey's hottest markets. This duplex, consisting of 2, 3 bedroom 1 bathroom, units is currently leased for $2,650/month total with the detached garage capable of generating additional income. Each unit has a main floor, full basement, upstairs, and attic. The current condition is average relative to comparably priced properties and both units are current on their yearly municipal inspections. Multi-family properties in Gloucester County have surged in value over 52% in the past calendar year and there is currently a shortage of rental inventory available. An added feature of this property is a second building lot with a detached garage. This structure can generate additional income or serve as dedicated space for a hobbyist or just additional storage. More ambitious buyers could seek to develop this lot but would need to consult with the appropriate municipal authorities to determine the feasibility of any intended use. You're encouraged to learn more about this opportunity but please do not disturb the current tenants. Only individuals with an approved appointment are permitted to access/walk the property, NO EXCEPTIONS.

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©2022 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 accurate by the MLS or COMPASS. 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: 2022-01-25T16:51:55.75.
www.njhousehunter.com/homes/123748231
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246-48 Billings Avenue PAULSBORO, NJ 08066

  • Price: $215,000
  • Status: Active
  • On Site: 51 Days
  • Updated: 71 min ago
  • ID#: NJGL2007844
0
Beds
0
Baths
0
½ Baths
0.15
Acres
2,128
SQFT
$101
$/SQFT
1910
Built
Neighborhood:
Billingsport
County:
Gloucester
Area:
Paulsboro Boro (20814)
Elementary School:
Billingsport E.S.
Middle School:
Paulsboro
High School:
Paulsboro H.S.
School District:
Paulsboro Public Schools
Property Description
Turn your cash into cashflow! Unique value in Desirable Billingsport. Move fast to see this impressive multi-unit property (plus a bonus lot!) on a quiet street in one of South Jersey's hottest markets. This duplex, consisting of 2, 3 bedroom 1 bathroom, units is currently leased for $2,650/month total with the detached garage capable of generating additional income. Each unit has a main floor, full basement, upstairs, and attic. The current condition is average relative to comparably priced properties and both units are current on their yearly municipal inspections. Multi-family properties in Gloucester County have surged in value over 52% in the past calendar year and there is currently a shortage of rental inventory available. An added feature of this property is a second building lot with a detached garage. This structure can generate additional income or serve as dedicated space for a hobbyist or just additional storage. More ambitious buyers could seek to develop this lot but would need to consult with the appropriate municipal authorities to determine the feasibility of any intended use. You're encouraged to learn more about this opportunity but please do not disturb the current tenants. Only individuals with an approved appointment are permitted to access/walk the property, NO EXCEPTIONS.
Exterior Features

Architectural Style ColonialSide-By-Side Construction Materials Frame Garage YN No Lot Features Additional Lot(S) Other Structures Above GradeBelow Grade Parking Types Driveway Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2128 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplaces Total 0 Heating Forced Air Heating YN Yes Single Room Units 0 Three Bedroom Units 2 Two Bedroom Units 0

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2021 Central Air YN No Cooling Fuel None Gross Income 31800.00 Heating Fuel Natural Gas Hot Water Electric Municipality Paulsboro Boro Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 1 Original MLSNumber 801227292888 Ownership Interest Fee Simple Possession Immediate Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 6225.00 Tax Assessment Amount 147100.00 Tax Lot 00013 Total Actual Rent 31800.00 Vacation Rental YN No Water Source Public Zoning Res

Listing courtesy of Compass New Jersey, Llc.


©2022 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 accurate by the MLS or COMPASS. 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: 2022-01-25T16:51:55.75.
 
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COMPASS
55 E Rte 70, Suite 2
Marlton NJ, 08053