325 N Burlington St, Gloucester City, New Jersey, United States

Report Listing

Home For Sale

$265,000

325 N Burlington St
Gloucester City, New Jersey, United States

4bd

Listed By: Realtyww Info

Listed On: 09/12/2024

Listing ID: GL11212743 View More Details

Description

OPEN HOUSE SUNDAY SEPT. 15TH 1-3PM!!! TURNKEY INVESTMENT OPPORTUNITY WITH GREAT CASH FLOW! Recently renovated (2020-21) DUPLEX which consists of a 1st Floor 3 bedroom, 1 bath apartment and a 2nd floor 1 bedroom 1 bath unit in desirable Gloucester City. In 2021 the additions were: New HVAC with gas heat. Vinyl plank wood-look floors, neutral theme, fresh white paint and a white and gray color scheme throughout. Tile floors in bathroom and vinyl everywhere else. New kitchens, baths and laundry including Stainless steel appliances, Quartz counter tops with a Carrera marble look; tile backsplash; microwave, refrigerator, and Washer/dryer Full Basement used only by unit 1 and shared use of Front porch. Unit 1 has exclusive use of the fenced yard! Non-smoking units and no pets! Both long-term tenants with good rental history who are keeping units nicely maintained. Current rents are $1920 Unit 1 and $1350 unit 2. HUD FMR tables for 2025 show $1600 for a 1 bedroom (unit2) and $2300 FOR A 3 BEDROOM (Unit1) allowing for rents up to $3900/month in Year 2025. sold AS-IS Where-is; inspections for buyer info only.

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Listed by: Kimberly B. Thomas