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516 MORGAN AVE Palmyra, NJ 08065
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Key Details
Sold Price $172,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,362 sqft
Price per Sqft $72
Subdivision None Available
MLS Listing ID 1002457670
Sold Date 09/16/16
Style Other
HOA Y/N N
Abv Grd Liv Area 2,362
Originating Board TREND
Year Built 1910
Annual Tax Amount $6,464
Tax Year 2015
Lot Size 7,500 Sqft
Acres 0.17
Lot Dimensions 50X150
Property Description
TURN-KEY DUPLEX! Fully occupied and tenants plan on staying. Top dollar rents, PLUS garage being rented at $100 a month and potential for an extra $100 a month from renting out the large shed (currently used by the owner, has rented out for $100/mo in the past). Unit 1 is a two bedroom unit with a living room, eat in kitchen and bonus family room in finished basement along with it's own laundry area. Unit 2 is a two-story two bedroom unit with a living room, eat in kitchen and it's own laundry area. 2nd bedroom is on the 3rd floor. Both units have flexible spaces - each living room has a door and a closet - so tenants can tailor use of rooms to their needs. In the backyard, there are two assigned parking spaces for each unit in addition to street parking. Tenants each pay their own heat, hot water, gas and electric! Owner's expenses subject to change. Ideal location only a few minutes walk to many amenities including the River Line train, restaurants and shopping! Owners hate to let this cashflowing duplex go, but is moving out of state. Priced to sell!!!
Location
State NJ
County Burlington
Area Palmyra Boro (20327)
Zoning R3
Rooms
Other Rooms Primary Bedroom
Basement Partial
Interior
Hot Water Natural Gas
Heating Gas, Heat Pump - Gas BackUp, Hot Water, Radiator
Cooling Wall Unit
Flooring Wood, Fully Carpeted, Vinyl
Fireplace N
Heat Source Natural Gas
Laundry Washer In Unit, Dryer In Unit
Exterior
Garage Spaces 5.0
Water Access N
Roof Type Pitched
Accessibility None
Total Parking Spaces 5
Garage Y
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
Middle Schools Charles Street School
High Schools Palmyra
School District Palmyra Borough Public Schools
Others
Tax ID 27-00081-00009
Ownership Fee Simple
Acceptable Financing Conventional, VA, FHA 203(b)
Listing Terms Conventional, VA, FHA 203(b)
Financing Conventional,VA,FHA 203(b)
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Bought with Sigmond Jazwiecki • RE/MAX Preferred - Marlton