159 Central Avenue
Blackwood, NJ 08012
MLS #7080952

Multi-Family
  • 2units
  • 3beds
  • 2baths
  • 0.16acres
  • 1,548sq ft
ACTIVE $64,900
Est. P&I payment: $247.87/mo
159 Central Avenue, Blackwood, NJ 08012
  • 159 Central Avenue, Blackwood, NJ 08012 Photo 1
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  • 159 Central Avenue, Blackwood, NJ 08012 Photo 12
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Description for 159 Central Avenue, Blackwood, NJ 08012
This duplex in Gloucester Twp could be your next cash flow machine. The multi unit colonial features 2 units in need of a complete rehab. Outstanding cap rate even with rehab costs (done by local licensed and insured contractor, estimate is available for serious buyers). Acquisition plus rehab minus expenses generates a cap rate 13%!!! Schedule your showing today! (All rental numbers, cap rates, rehab estimates and information provided are for informational use only and are estimated. Buyer to complete all due diligence on their own.) Listing Broker & Seller assume no responsibility & make no guarantees, representations, warranties (express, implied or otherwise) as to the availability or accuracy of information contained herein. Buyer is responsible for any/ all inspections/ certifications. Buyer responsible for township CO & Fire Cert and any/all repairs.
MLS #7080952
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My Notes for MLS #7080952

General Features

  • Property Type: Multi-Family
  • Building Floors: 2
  • Design: Duplex
  • Gross Square Feet: 1,548
  • Land Square Feet: 6,970
  • Total Units: 2
  • Property Age: 117
  • County: CAMDEN
  • Subdivision: NONE AVAILABLE

Exterior Features

  • Water Front: N
  • Exterior: Vinyl Siding
  • Has Garage Flag: N
  • Garage Spaces: NoGarage
  • Parking: Street

Interior Features

  • Basement: Y
  • Basement Type: Partial,​OE/WkOutBsmt
  • Two Bedroom Unit Count: 1
  • Baths Full Unit 1: 1
  • Beds Unit 1: 1
  • Room Count Unit 1: 4
  • Baths Full Unit 2: 1
  • Beds Unit 2: 2
  • Room Count Unit 2: 4

Utilities Features

  • Central Air: N

Financial Features

  • Unit 1 Monthly Rent: 1,200
  • Unit 2 Monthly Rent: 1,500
  • Annual Maintanance Expense: 1,314
  • Annual Water Sewer Expense: 1,200
  • Tax Year: 2016
  • Total Assessment: 161,200
  • Total Taxes: 6,106

School Features

  • School District: Black Horse Pike Reg

Miscellaneous Features

  • New Construction: N
  • Property Condition: As-is
  • Type: SingleBldg

Location

 
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The listing information for 159 Central Avenue, Blackwood, NJ 08012 was graciously provided by our friends at the listing brokerage, EXP Realty LLC

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P&I Payment $247.87
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty JP Rothermel's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty JP Rothermel, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
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Last Updated 12/15/2017 at 4:11pm
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