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Key Details
Sold Price $345,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,864 sqft
Price per Sqft $185
MLS Listing ID NJBL2072820
Sold Date 11/05/24
Style Other
Abv Grd Liv Area 1,864
Originating Board BRIGHT
Year Built 1913
Annual Tax Amount $7,172
Tax Year 2023
Lot Size 6,116 Sqft
Acres 0.14
Lot Dimensions 60.00 x 102.00
Property Description
Looking to bring your investment dreams to life, or add to your portfolio? Located in the heart of downtown Palmyra, this income generating multi-family property features 2 units each with 2 bedrooms and 1 bathroom. The downstairs unit has access to additional space and storage in the full basement, while the upstairs unit has access to additional space in the attic. The downstairs unit features a spacious kitchen with a laundry room and access to the backyard and side driveway. The upper level can be accessed through the front porch area with tons of natural light, a perfect area for relaxing and taking in the scenery. Each unit has its own driveway, separate meters and water heaters. There is an additional separate meter for the heat. Upstairs unit currently rented at $1,300 a month (on month to month rental). Downstairs unit was rented for $1,400 a month. Both rental amounts can easily be increased with a little modernization. Close to the Riverline, Restaurants, Bars, Shopping and Transportation, this duplex is the perfect missing piece to your portfolio.
Location
State NJ
County Burlington
Area Palmyra Boro (20327)
Zoning R1
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Equipment Dryer, Washer, Washer/Dryer Stacked, Refrigerator
Fireplace N
Appliance Dryer, Washer, Washer/Dryer Stacked, Refrigerator
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Waterfront N
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Lot Description Corner
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Palmyra Borough Public Schools
Others
Tax ID 27-00036 01-00018
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, VA
Listing Terms Cash, Conventional, VA
Financing Cash,Conventional,VA
Special Listing Condition Standard
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Bought with Anthony V. Balboni, Sr. • Key Properties Real Estate
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