$350,000
$325,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
1016 W 3RD ST Florence, NJ 08518
2,063 SqFt
Key Details
Sold Price $350,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,063 sqft
Price per Sqft $169
MLS Listing ID NJBL2063876
Sold Date 08/30/24
Style Other
Abv Grd Liv Area 1,718
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $3,657
Tax Year 2023
Lot Size 3,450 Sqft
Acres 0.08
Property Description
Welcome to your next investment opportunity in Florence, NJ! This duplex presents a prime chance to capitalize on rental income and property appreciation. The first-floor unit offers an oversized 1 bedroom, 1 bathroom layout with a finished basement, perfect for immediate occupancy or rental. Meanwhile, the second-floor unit, with 2 bedrooms and 1 bathroom, is currently tenant-occupied, generating $1600 per month and expressing interest in a continued lease. Both units are updated and turnkey ready, promising low maintenance and high tenant satisfaction. With potential total rental income reaching $3400 per month and the added benefit of low taxes, this property stands as a solid investment choice. Located in a community renowned for its pride and convenience to public transportation, this duplex is a lucrative addition to any portfolio. Don't hesitate—seize this opportunity to secure your foothold in the flourishing Florence real estate market. Schedule your viewing today!
Location
State NJ
County Burlington
Area Florence Twp (20315)
Zoning RES
Rooms
Basement Fully Finished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Equipment Dryer, Oven/Range - Gas, Refrigerator, Washer
Appliance Dryer, Oven/Range - Gas, Refrigerator, Washer
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Florence Township Public Schools
Others
Tax ID 15-00003-00001
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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Bought with Rosemarie Jenkins • Vylla Home
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