325 N Burlington Street, Gloucester City, NJ 08030
- $275,000
- 1,680
- SqFt
- Sold Price
- $275,000
- List Price
- $265,000
- Closing Date
- Oct 03, 2024
- Days on Market
- 16
- Status
- CLOSED
- MLS#
- NJCD2075708
- Living Area
- 1,680
- Lot Size (Acres)
- 0.23
- Style
- Traditional
- Year Built
- 1910
- County
- Camden
- School District
- Gloucester City Schools
Property Description
MULTIPLE OFFERS REC'D. PLEASE SUBMIT HIGHEST & BEST BY 7pm MON 9/16. (CLEAN OFFERS. NO ESCALATION CLAUSES, No seller love letters); INCLUDE your TERMS such as whether buyer will waive inspection, guarantee appraisal - appraisal gap coverage, etc. TURNKEY INVESTMENT OPPORTUNITY WITH GREAT CASH FLOW! Current rents are $1920 Unit 1 and $1350 unit 2. HUD FMR tables for 2025 show $1600 for a 1 bedroom (unit2) and $2300 FOR A 3 BEDROOM (Unit1) allowing for rents up to $3900/month in Year 2025. Renovated (2020-21) DUPLEX which consists of a 1st Floor 3 bedroom, 1 bath apartment & a 2nd floor 1 bedroom 1 bath unit in desirable Gloucester City. In 2021 the additions were: New HVAC with gas heat & central air. Vinyl plank wood-look floors, neutral theme, fresh white paint and a white and gray color scheme throughout. Tile floors in bathroom, vinyl everywhere else. New kitchens, baths & laundry including Stainless steel appliances, Quartz counter tops with a Carrera marble look; tile backsplash; microwave, refrigerator, & Washer/dryer. Full Basement used only by unit 1 and shared use of Front porch. Unit 1 has exclusive use of the fenced yard! Non-smoking units and no pets! Both long-term tenants with good rental history who are keeping units nicely maintained. AS-IS Where-is; Inspections for buyer info only-this is firm! Sellers prefer use of Infinity Title Agency.
Additional Information
- Area
- Gloucester City (20414)
- Taxes
- $4958
- Stories
- 2
- Interior Features
- Breakfast Area, Combination Dining/Living, Combination Kitchen/Living, Entry Level Bedroom, Kitchen - Island, Wood Floors, Upgraded Countertops
- School District
- Gloucester City Schools
- Elementary School
- Mary E. Costello E.S.
- Middle School
- Gloucester City Junior Senior
- High School
- Gloucester City Jr. Sr. H.S.
- Flooring
- Ceramic Tile, Luxury Vinyl Plank
- Heating
- Forced Air
- Heating Fuel
- Natural Gas
- Cooling
- Central A/C
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Yes
Mortgage Calculator
Listing courtesy of Vanguard Realty Group Inc. Contact:
Selling Office: .