Runnemede, NJ 08078,20 W 2ND AVE
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Runnemede, NJ 08078,20 W 2ND AVE
Runnemede, NJ 08078,20 W 2ND AVE
Runnemede, NJ 08078,20 W 2ND AVE
Runnemede, NJ 08078,20 W 2ND AVE

$575,000

Est. payment /mo

$545,000

5.5%
Est.Price: ?

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20 W 2ND AVE Runnemede, NJ 08078

3,000 SqFt

SOLD DATE : 05/06/2024

Key Details

Sold Price $575,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $191

Subdivision Runnemede Gardens

MLS Listing ID NJCD2064862

Sold Date 05/06/24

Style Other

Abv Grd Liv Area 3,000

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $7,951

Tax Year 2002

Lot Size 7,200 Sqft

Acres 0.17

Property Description

INCREDIBLE MULTIFAMILY OPPORTUNITY - x7 Fully Occupied 1 Bedroom/1 Bathroom Units!!! Overflowing with potential to add value by billing back utilities increasing to market rents. Seller passed New Jersey DCA hotel & multiple dwellings inspection less than a year ago! Cycles generally last 5 years, so the property should not require re-inspection for some time. Shared coin-operated laundry in basement & private parking with paved driveway! Unit 1 is currently being rented for $950/mo thru 3/31/25. Unit 2 is currently being rented for $771/mo on a month to month lease. Unit 3 is currently being rented for $975/mo thru 8/31/24. Unit 4 is currently being rented for $903/mo on a month to month lease. Unit 5 is currently being rented for $1,013/mo on a month to month lease. Unit 6 is currently being rented for $1,050/mo thru 2/28/25. Unit 7 is currently being rented for $880/mo thru 3/31/24. Schedule a tour TODAY - you won't want to miss this opportunity!

Location

State NJ

County Camden

Area Runnemede Boro (20430)

Zoning RESID

Interior

Hot Water Natural Gas

Heating Baseboard - Electric

Cooling None

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

High Schools Triton

School District Black Horse Pike Regional Schools

Others

Tax ID 30-00045-00010 01

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Patrick M Gorman • Keller Williams - Main Street
Bought with Nicholas Raio • Penzone Realty

Nancy Gowan

Advisor | License ID: 669926

+1(858) 603-2774

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