514 Middlesex Street, Gloucester City, NJ 08030

$249,000
3
BD
2
BA
1,712
SqFt

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Sold Price
$249,000
List Price
$249,000
Closing Date
May 26, 2025
Days on Market
18
Status
CLOSED
MLS#
NJCD2089944
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,712
Lot Size (Acres)
0.05
Style
Other
Year Built
1900
County
Camden
School District
Gloucester City Schools

Property Description

Gloucester City Duplex available at a great price! 2 beds, 1 bath downstairs, 1 bedroom, 1 bath upstairs. The upstairs is currently rented under market value for 975.00 per month. The downstairs was recently vacated. Market rent for downstairs is 1650.00. Market Rent for upstairs is 1200.00. This would give you a NOI of about 29,000 per year, a great CAP rate! Or, live in the bottom floor while your upstairs tenant pays most of your mortgage! This home features a covered front porch and fenced in backyard. Each unit has a nicely sized kitchen and bathroom.

Additional Information

Area
Gloucester City (20414)
Subdivision
None Available
Taxes
$4747
Interior Features
Carpet, Ceiling Fan(s)
School District
Gloucester City Schools
Exterior Features
Sidewalks, Street Lights
View
City
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Ceiling Fan(s)
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Exit Realty Defined. Contact:

Selling Office: .