Gloucester City, NJ 08030,308 WALNUT AVE
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Gloucester City, NJ 08030,308 WALNUT AVE
Gloucester City, NJ 08030,308 WALNUT AVE
Gloucester City, NJ 08030,308 WALNUT AVE
Gloucester City, NJ 08030,308 WALNUT AVE

$302,000

Est. payment /mo

$280,000

7.9%
Est.Price: ?

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308 WALNUT AVE Gloucester City, NJ 08030

1,000 SqFt

SOLD DATE : 06/17/2024

Key Details

Sold Price $302,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,000 sqft

Price per Sqft $302

MLS Listing ID NJCD2067624

Sold Date 06/17/24

Style Bungalow

Abv Grd Liv Area 1,000

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $6,169

Tax Year 2023

Lot Size 7,396 Sqft

Acres 0.17

Lot Dimensions 87.00 x 85.00

Property Description

Here is your chance to own an instant income producing property. The roof and 6" gutters are brand new.
All the windows have been replaced. The whole exterior has been painted for a fresh look. The downstairs is a completely renovated 3 bed 1 bath apartment, with interior access to the basement and private laundry room. Complete with an all new bathroom, from the tile to shower fixtures, and all new kitchen with long lasting granite counter tops and all new appliances and cabinets. Bonus porch off the kitchen provides extra space for an office, kids play room, or dinning room. The upstairs is an all updated 1 bath, 1 bed apartment, with loads of character. All new appliances, kitchen cabinets, bathroom and heat and AC are provided with a mini split system.
BONUS....the current owners built two separate laundry facilities in the basement for each units' personal use. Plenty of parking in the driveway and off street. Close to all major highways, shopping and public transportation. A nice sized fenced in backyard for families. A garage on the property provides storage for the new owner or rent out the garage to tenants for extra income. The property has been approved with section 8.
The sellers will not be making any repairs. Everything has just passed the CO for tenants. All inspections are current. Sellers will provide RE-SALE CO and fire cert, if required. Buyers are responsible for New Landlord Registration with Gloucester City.
Upstairs unit-1 bed, 1 bath-Currently Rented-$1287.00 Section 8 Contract
Downstairs unit-3 bed,1 bath-Currently Rented-$2200.00
Garage-Market Value to rent-$200.00

Location

State NJ

County Camden

Area Gloucester City (20414)

Zoning RESIDENTIAL

Rooms

Basement Daylight, Partial, Daylight, Full, Full, Outside Entrance, Interior Access, Poured Concrete, Walkout Stairs, Other

Interior

Interior Features Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Primary Bath(s), Recessed Lighting, Kitchen - Table Space, Tub Shower, Upgraded Countertops

Hot Water Electric, Natural Gas

Heating Baseboard - Hot Water, Wall Unit

Cooling Window Unit(s), Wall Unit

Flooring Luxury Vinyl Plank

Equipment Dishwasher, Disposal, Dryer - Gas, Dryer - Electric, Water Heater, Washer, Refrigerator, Range Hood, Oven/Range - Gas, Oven/Range - Electric, Oven - Self Cleaning

Fireplace N

Window Features Double Hung,Energy Efficient,Replacement

Appliance Dishwasher, Disposal, Dryer - Gas, Dryer - Electric, Water Heater, Washer, Refrigerator, Range Hood, Oven/Range - Gas, Oven/Range - Electric, Oven - Self Cleaning

Heat Source Electric, Natural Gas

Exterior

Garage Spaces 7.0

Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Phone Available

Water Access N

Roof Type Shingle

Accessibility 2+ Access Exits

Total Parking Spaces 7

Garage N

Building

Lot Description Front Yard, Private, Rear Yard

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

High Schools Gloucester City Jr. Sr. H.S.

School District Gloucester City Schools

Others

Tax ID 14-00271-00005

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Carolyn A Warner • Penzone Realty
Bought with Rosalie Hadulias • Keller Williams Realty - Atlantic Shore

Nancy Gowan

Advisor | License ID: 669926

+1(858) 603-2774

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