412-414 Powell Street, Gloucester City, NJ 08030
- $453,250
- 3,392
- SqFt
- Sold Price
- $453,250
- List Price
- $475,000
- Closing Date
- Oct 18, 2024
- Days on Market
- 8
- Status
- CLOSED
- MLS#
- NJCD2076912
- Living Area
- 3,392
- Lot Size (Acres)
- 0.08
- Style
- Straight Thru
- Year Built
- 1880
- County
- Camden
- School District
- Gloucester City Schools
Property Description
Take over this cash-flowing quadraplex in the heart of Gloucester City, a commuter’s dream location. Each of the four units features 2 bedrooms, 1 bathroom, a spacious living room, and an eat-in kitchen, offering comfortable layouts ideal for renters. Currently bringing in $5,475/month, the rent roll is as follows: 412A: $1,400/mo; $2,100 dep; Thru 8/31/25. 412B: $1,500/mo; $2,250 dep; Thru 8/31/25. 414A: $1,175/mo; $1,387.50 dep; Month-to-month. 414B: $1,400/mo; $2,100 dep; Thru 8/31/2025. The property has been recently renovated, ensuring low maintenance for the new owner. Currently fully occupied, this investment generates consistent income and has value-add opportunities. Whether you're expanding your portfolio or looking for your first income property, this turnkey quadplex is an excellent opportunity. Don't miss out!
Additional Information
- Area
- Gloucester City (20414)
- Subdivision
- Normandy Hamlets
- Taxes
- $9860
- Stories
- 2
- School District
- Gloucester City Schools
- Heating
- Hot Water
- Heating Fuel
- Natural Gas
- Cooling
- None
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Prime Realty Partners. Contact:
Selling Office: .