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716 W Front Street Florence, NJ 08518
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Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Four Family
Listing Status Sold
Purchase Type For Sale
Municipality Florence (FLO)
MLS Listing ID 22123345
Sold Date 12/03/21
Year Built 1920
Annual Tax Amount $4,640
Tax Year 2020
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 80 x 120
Property Sub-Type Four Family
Source MOREMLS (Monmouth Ocean Regional REALTORS®)
Property Description
Great investment property! This multi-family structure contains a total of 4 rental units. It has 2 one bedroom and one bath units and 2 two bedroom 1 bath units. 3 units are currently tenant occupied on a month to month lease agreement, the last unit's lease expires in October 2021. Fully rented, the property produces 3,200 per month in income potential. The property is right next to Waters Edge Park for easy access to launch a boat or enjoy the grounds and view.
Location
State NJ
County Burlington
Area Florence
Direction Take I-95 S to US-130 N in Florence. Take the US-130 N exit from I-95 S 19 min (20.8 mi) Take Delaware Ave to E Front St
Rooms
Basement Full
Interior
Heating Oil Above Ground
Cooling Multi Units
Exterior
Parking Features Paved, Off Street, None
Garage No
Private Pool No
Building
Lot Description Level
Sewer Public Sewer
Water Public
Schools
Elementary Schools Roebling
Middle Schools Riverfront
High Schools Florence Memorial
Others
Senior Community No
Tax ID 15-00016-0000-00004
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Bought with NON MEMBER