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950 SOMERSET ST Gloucester City, NJ 08030
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Key Details
Sold Price $156,550
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,790 sqft
Price per Sqft $87
Subdivision Eastside
MLS Listing ID 1000455134
Sold Date 06/28/18
Style Other
HOA Y/N N
Abv Grd Liv Area 1,790
Originating Board TREND
Year Built 1910
Annual Tax Amount $5,293
Tax Year 2017
Lot Size 6,000 Sqft
Acres 0.14
Lot Dimensions 60X100
Property Description
. Opportunity knocks! This cash cow has a cap rate of almost 12.5! Well maintained and upgraded legal duplex on the east side. Quiet, clean block. First floor unit freshly painted, enclosed porch, newer windows, spacious living room w/ mantle. Nice sized bedroom. Eat in kitchen with gas cooking. Large backyard space. The first floor has access to the basement with washer and dryer, and lots of storage. 2nd floor features enclosed porch, living room, eat-in kitchen, bath, and first bedroom on main floor. 2nd bedroom with ample closet space on upper floor. This unit has a stackable washer and dryer and access to its own separate outdoor space. Separate electric, separate water meters,seperate cooking gas, shared oil heat, all paid by the tenants. To top it all off, additional 200 dollars per month income for rental of the detached garage. This is a great return on investment! Good things are happening in Gloucester City. Come see for yourself!
Location
State NJ
County Camden
Area Gloucester City (20414)
Zoning MULTI
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Hot Water Natural Gas
Heating Oil, Forced Air
Cooling Wall Unit, None
Fireplace N
Heat Source Oil
Laundry Washer In Unit, Dryer In Unit, Hookup
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
High Schools Gloucester City Junior Senior
School District Gloucester City Schools
Others
Tax ID 14-00156-00024
Ownership Fee Simple
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Bought with Non Subscribing Member • Non Member Office