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518 Race St, Palmyra, NJ 08065

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For Sale

$265,000

5 beds • 2 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Full
    Basement

Explore this Property

Spacious corner property ideal for house hacking, live in one unit, rent the other to offset your mortgage. Great income property located in Palmyra, one of NJ's Opportunity Zones. Invest now with tax saving opportunities. Solid Duplex with a first floor spacious 3 bedroom 1 bath, to be delivered vacant with rental potential of $1850 + per month. Second floor unit, 2 Bed 1 bath, occupied with long term tenant that would like to stay at $1050 per month. Some major components updated within the last few years like roof, and parging in the basement, gas heat unit completely rebuilt. Some cosmetics will allow this property to max out on market rental rates. Quiet residential neighborhood with oversized wood deck for tenant's enjoyment, spacious rear yard and covered carport. As-is sale, buyer responsible for twp CO transfer.
MLS# NJBL2060194

Listed By CENTURY 21 Veterans

Property Features

  • Appliances
    Dryer, Range / Oven, Refrigerator, Washer
  • Basement
    Full
  • Cooling
    Window A/C
  • Heating - Fuel Type
    Electric, Gas
  • Heating Type
    Baseboard
  • Lot Size
    Under 1/2 Acre, 0.09 Acres
  • Sewer
    Public
  • Style
    Victorian
  • Water
    City Water

Map and Directions

Directions to 518 Race St, Palmyra, NJ 08065

Home seller Meet the Agent,
Melanie Elliott

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Melanie Elliott

of CENTURY 21 Veterans

License: RS307403
(267) 243-8939
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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.

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