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218-220 S Broadway
Gloucester CityNJ 08030

$685,000
for sale
Tools
Brochure
Size
1,245 Sq Ft.
interior
0.05 Acres
Exterior
Financial
$685,000
Change Currency
$550
Price Per Sqft
$9,221
Annual taxes
Listing Details
Multi Family
Property type
1900
Year Built
5134790
Web Id
NJCD2071578
MLS ID
96
Days Posted

Description

218-220 S Broadway,

Gloucester City, NJ 08030

Motivated Seller. This 6 unit apartment building is now for sale and cash flowing in downtown Gloucester City. All units recently updated and inspected, lead certs on file. Great for a 1031 Exchange. Deeded as 2 twins attached to one another, this building offers split gas and electric meters in the basement with owner paying for, water and sewer. Owner is reimbursed for heat by all tenants. Annual insurance is 4800/yearly. Quarterly CCMUA is $88./ per tenant. Utility usage is $55./mo per tenant. This building has 2 individual tax bills. (218 S. Broadway is $3357./yr and 220 S. Broadway is $6450./yr). Current monthly income is $7150./mo. and is fully occupied. This building is professionally managed by Connection Property Mgt.

This is an Active listing.

Broker Office Phone Number: 856-441-6800

Copyright © 2024Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Wall or Window Air Conditioner(s)

Price History

datepricevariancetype
7/2/2024$685,000-Listed
Listing By: Keller Williams Realty - Marlton via Data Source: Bright MLS 
listing agent: Brian Menchel


Located at 218-220 S Broadway, Gloucester City, New Jersey 08030, this Multi Family is for Sale with a price of $685,000 USD. The property was built in 1900,. This listing has 1,245 Sq.Ft. of interior space on a lot of .05 Acres. See all Homes for Sale in Gloucester City.
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