Description
Welcome all investors! This big and beautiful Duplex is the ultimate opportunity for anyone looking to invest in multifamily units. Split level, property 2300 total square feet. Each level is 1150 sq ft, the top unit has a large out door deck overseeing the yard and the bottom unit has a large finished basement with an extra room. Both units sit on a beautiful acre lot with ample parking and a U shaped driveway!
The top unit has a long time tenant on a month to month lease agreement and would be interested in signing a multi year lease if possible, she currently pays $1,500.00 monthly plus all her own utilities. The bottom unit, being freshly remodeled with a beautiful brand new kitchen with new appliances and a large 6x6 ft granite island top was renting for $2,200. (Turn Key unit)
Investors: with both units rented projected monthly rental income is between $3,500-$3,750 a month. (this opportunity meets the 1% rule. )
Duplex is in a prime location.
It is located 3 miles from the Gloucester outlets ,Dave and busters, and Camden county /Rutgers college campus.( have had multiple students inquire looking for off campus housing) Also less than two miles away from Target, chick fila, Starbucks, 2 different Wawa's, 2 different liquor stores, an Acme, a shop rite, Taco bell, Wendy’s, Five guys, McDonald’s, and Urgent care. The area has several restaurants/bars within a 5 minute drive with great nightlife crowds. Also within a mile from two different fire departments and 5 miles from the police station. The Duplex is conveniently 1.7 miles from NJ route 42, 13 miles from Philadelphia (12-18 min) and under an hour drive from Atlantic city!!!!
Location
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Courtesy of: BHHS Fox & Roach-Washington-Gloucester Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 28th January, 2023 3:50 AM (UTC)