446 Beacon Avenue
Paulsboro, NJ 08066
MLS #6968975

Multi-Family
  • 6units
  • 6beds
  • 6baths
  • 0.39acres
ACTIVE $294,900
Est. P&I payment: $1126.32/mo
446 Beacon Avenue, Paulsboro, NJ 08066
  • 446 Beacon Avenue, Paulsboro, NJ 08066 Photo 1
  • 446 Beacon Avenue, Paulsboro, NJ 08066 Photo 2
  • 446 Beacon Avenue, Paulsboro, NJ 08066 Photo 3
  • 446 Beacon Avenue, Paulsboro, NJ 08066 Photo 4
  • 446 Beacon Avenue, Paulsboro, NJ 08066 Photo 5
  • 446 Beacon Avenue, Paulsboro, NJ 08066 Photo 6
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Description for 446 Beacon Avenue, Paulsboro, NJ 08066
"Great Positive Cash Flow" "Investors Dream" Don't miss out on this great investment property with great positive cash flow. This property has Historical background without the historical home restrictions. The 3 story property consist of 6-one bedroom units with a history of easy to rent units. Each of the 6 units pay their own utilities for gas or electric. The owner pays a flat $2,900 per year total for water and sewer because Paulsboro does not meter their water. The owner also pays approximately $2,600 in common area electric per year. When you run the income and expenses, this property is a money maker. Property is conveniently located near the new Port of Paulsboro that is going to help the economy and housing market, making this property easy to rent and a good long term investment. Also conveniently located just off of Rt 295 North & South to be in the City or Delaware within 15-20 minutes. Property is in need of a roof replacement. Owner is willing to replace or negotiate.
MLS #6968975
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My Notes for MLS #6968975

General Features

  • Property Type: Multi-Family
  • Building Floors: 2
  • Design: AptBldg
  • Land Square Feet: 16,875
  • Total Units: 6
  • Property Age: 128
  • County: GLOUCESTER
  • Subdivision: BILLINGSPORT

Exterior Features

  • Water Front: N
  • Exterior: Vinyl Siding,​Stone
  • Exterior Features: Sidewalks
  • Roof: PitchedRoof,​ShingleRoof
  • Has Garage Flag: N
  • Garage Spaces: NoGarage
  • Parking: Street

Interior Features

  • Basement: Y
  • Basement Type: Full,​Unfinished
  • Baths Full Unit 1: 1
  • Beds Unit 1: 1
  • Baths Full Unit 2: 1
  • Beds Unit 2: 1
  • Baths Full Unit 3: 1
  • Beds Unit 3: 1
  • Beds Unit 4: 1
  • Baths Full Unit 4: 1
  • Baths Full Unit 5: 1
  • Beds Unit 5: 1
  • Baths Full Unit 6: 1
  • Beds Unit 6: 1

Utilities Features

  • Central Air: N

Financial Features

  • Unit 1 Monthly Rent: 725
  • Unit 2 Monthly Rent: 700
  • Unit 3 Monthly Rent: 700
  • Unit 4 Monthly Rent: 725
  • Unit 5 Monthly Rent: 700
  • Unit 6 Monthly Rent: 725
  • Annual Insurance Expense: 4,200
  • Annual Other Expense: 600
  • Annual Water Sewer Expense: 2,900
  • Tax Year: 2017
  • Total Assessment: 214,200
  • Total Taxes: 8,193

School Features

  • High School: PAULSBORO H.S.
  • School District: Paulsboro

Miscellaneous Features

  • New Construction: N
  • Property Condition: Average+Prop
  • Storage: Basement
  • Type: SingleBldg

Location

 
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Directions to 446 Beacon Avenue, Paulsboro, NJ 08066
E. Broad St to N. Commerce St which turns into Mantua Ave. Left on 5th to corner of Beacon.
The listing information for 446 Beacon Avenue, Paulsboro, NJ 08066 was graciously provided by our friends at the listing brokerage, BHHS Fox & Roach-Mullica Hill-South

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P&I Payment $1126.32
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Last Updated 04/27/2018 at 1:56am
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