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12 E BROAD ST Gibbstown, NJ 08027
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Key Details
Sold Price $340,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,300 sqft
Price per Sqft $147
MLS Listing ID NJGL2018732
Sold Date 01/25/23
Style Other
Abv Grd Liv Area 2,300
Originating Board BRIGHT
Year Built 1922
Annual Tax Amount $5,255
Tax Year 2022
Lot Size 7,500 Sqft
Acres 0.17
Property Description
Effective November new rental income $3,750/month, $45,000/year gross income.
Expenses proforma 2022 estimated, $16,023.
Proforma Gross Profit before financing: $28,977
TWENTY FOUR HOURS NOTICE TO VIEW APARTMENTS AS PER LEASE
Recently renovated triplex, tenants in place. Ample off street parking for 6 plus cars.
Tenants pay gas & electric and cable/tv/internet.
landlord pays sewer and water.
Two, 2 bedroom apartments Apt A & C. One, 1 bedroom apartment Apt B
Apt A $1300/mo., Apt B $1350/mo., Apt C $1100/mo..
Projected cash on cash return at 20% down payment ($72,000), 6% 25yr amort. 9.17%
Location
State NJ
County Gloucester
Area Greenwich Twp (20807)
Zoning RES
Rooms
Basement Full
Interior
Hot Water Natural Gas, Electric
Heating Baseboard - Hot Water, Baseboard - Electric
Cooling Central A/C
Flooring Ceramic Tile, Laminated, Luxury Vinyl Plank, Vinyl
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 7.0
Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Total Parking Spaces 7
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
Structure Type Dry Wall
New Construction N
Schools
High Schools Paulsboro
School District Paulsboro Public Schools
Others
Tax ID 07-00101-00002 01
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, Exchange, VA
Listing Terms Cash, Conventional, Exchange, VA
Financing Cash,Conventional,Exchange,VA
Special Listing Condition Standard
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Bought with Andrew M Kraft • Springer Realty Group
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