Turn Key Investment. Current owner increased rents while improving property and maintaining the expenses. All utilities are seperated, including meters, for each of the three money-makers. The studio is now under-construction (completed mid July) with a signed 12 month lease already. Ideal location for tenants; Nice, well established neighborhood within blocks of schools, walking distance of shopping and main highways and transportation (Phildelphia buses and Speedline). All documentation has been kept and is ready for review. Seller is willing to hold financing for the "right" buyer. Property can be sold as a package with 418 Market Street MLS#6075871 (for full price offer, owner willing to hold 5%-10% to make it ~~~no money down.~~~ Package price for both GC properties would be 5% less than full prices.
* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
The Multi-Family (2-4 Units) located at 301 SOMERSET ST, GLOUCESTER CITY, NJ 08030 is currently for sale.
301 SOMERSET ST is listed for $170,000.
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