308 Walnut Avenue, Gloucester City, NJ 08030

$302,000
1,000
SqFt

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Sold Price
$302,000
List Price
$280,000
Closing Date
Jun 17, 2024
Days on Market
7
Status
CLOSED
MLS#
NJCD2067624
Living Area
1,000
Lot Size (Acres)
0.17
Style
Bungalow
Year Built
1925
County
Camden
School District
Gloucester City Schools

Property Description

Here is your chance to own an instant income producing property. The roof and 6" gutters are brand new. All the windows have been replaced. The whole exterior has been painted for a fresh look. The downstairs is a completely renovated 3 bed 1 bath apartment, with interior access to the basement and private laundry room. Complete with an all new bathroom, from the tile to shower fixtures, and all new kitchen with long lasting granite counter tops and all new appliances and cabinets. Bonus porch off the kitchen provides extra space for an office, kids play room, or dinning room. The upstairs is an all updated 1 bath, 1 bed apartment, with loads of character. All new appliances, kitchen cabinets, bathroom and heat and AC are provided with a mini split system. BONUS....the current owners built two separate laundry facilities in the basement for each units' personal use. Plenty of parking in the driveway and off street. Close to all major highways, shopping and public transportation. A nice sized fenced in backyard for families. A garage on the property provides storage for the new owner or rent out the garage to tenants for extra income. The property has been approved with section 8. The sellers will not be making any repairs. Everything has just passed the CO for tenants. All inspections are current. Sellers will provide RE-SALE CO and fire cert, if required. Buyers are responsible for New Landlord Registration with Gloucester City. Upstairs unit-1 bed, 1 bath-Currently Rented-$1287.00 Section 8 Contract Downstairs unit-3 bed,1 bath-Currently Rented-$2200.00 Garage-Market Value to rent-$200.00

Additional Information

Area
Gloucester City (20414)
Taxes
$6169
Stories
3
Interior Features
Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Primary Bath(s), Recessed Lighting, Kitchen - Table Space, Bathroom - Tub Shower, Upgraded Countertops
School District
Gloucester City Schools
High School
Gloucester City Jr. Sr. H.S.
Flooring
Luxury Vinyl Plank
Heating
Baseboard - Hot Water, Wall Unit
Heating Fuel
Electric, Natural Gas
Cooling
Window Unit(s), Wall Unit
Roof
Shingle
Utilities
Cable TV Available, Electric Available, Natural Gas Available, Phone Available
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
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Calculator source: Real Geeks

Listing courtesy of Penzone Realty. Contact:

Selling Office: .