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    301 Buffalo Avenue

    EGG HARBOR CITY, NJ 08215
    • $300,000
    • STATUS: Active
    • ON SITE: 60 days
    • MLS #: NJAC115002
    UPDATED: 112 min ago
    $300,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,052
      SQFT
    • $146
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    Excellent investment opportunity in quiet neighborhood on large corner lot with great rental history. This four unit complex has all one bedroom units with plenty of upside, open floor plans and tenants with great history at the property. All units are fully occupied with similar layouts and many upgrades throughout. The building is around 2400 sq. ft. with newer gas boilers for each unit, all new electrical wiring throughout the building, individually metered , new on demand hot water heater (energy efficient). Large rear yard, fire escape for upstairs tenants, up to code with inspections etc.. The building throws off a great return with a cap rate over 8.29 % with the current market rents and has upside to be much more. Coin operated laundry facility for extra income, call or email for more information and tours. See documents for Income & Expense

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-12-02T15:53:17.323.
    www.gardenstatehomesearcher.com/homes/110631041
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    301 Buffalo Avenue EGG HARBOR CITY, NJ 08215

    • Price: $300,000
    • Status: Active
    • Updated: 112 min ago
    • MLS #: NJAC115002
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,052
    SQFT
    $146
    $/SQFT
    1920
    Built
    Neighborhood:
    Egg Harbor City (20107)
    County:
    Atlantic
    Area:
    Egg Harbor City (20107)
    School District:
    Egg Harbor Township Public Schools
    Property Description
    Excellent investment opportunity in quiet neighborhood on large corner lot with great rental history. This four unit complex has all one bedroom units with plenty of upside, open floor plans and tenants with great history at the property. All units are fully occupied with similar layouts and many upgrades throughout. The building is around 2400 sq. ft. with newer gas boilers for each unit, all new electrical wiring throughout the building, individually metered , new on demand hot water heater (energy efficient). Large rear yard, fire escape for upstairs tenants, up to code with inspections etc.. The building throws off a great return with a cap rate over 8.29 % with the current market rents and has upside to be much more. Coin operated laundry facility for extra income, call or email for more information and tours. See documents for Income & Expense
    Exterior Features

    Architectural Style Colonial Construction Materials Frame Garage YN No Other Structures Above GradeBelow Grade Parking Types Parking Lot Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 2052 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplaces Total 0 Heating Hot Water & Baseboard - Electric Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0 Units Furnished None

    Property Features

    Accessibility Features None Assessment Year 2020 Association YN No Central Air YN No Cooling Fuel Electric Electric Average Monthly 8 Electric Last12 Months 101.00 Gross Income 37080.00 Heating Fuel Natural Gas AvailableElectric Hot Water Electric Incorporated City Name Egg Harbor City Navigable Water YN N Net Operating Income 24884.00 New Construction YN No Number Of Units Total 4 Number Of Units Vacant 0 Original MLSNumber 304324223358 Ownership Interest Fee Simple Possession Immediate Property Sub Type Quadruplex Sale Type Standard Sewer No Septic System Structure Design Type Detached Tax Annual Amount 8349.00 Tax Assessment Amount 158100.00 Tax Lot 00029 02 Total Actual Rent 37080.00 Vacation Rental YN No Water Average Monthly 141 Water Last12 Months 1690.00 Water Source Public Zoning R-6

    Listing courtesy of Bhhs Fox & Roach-Marlton.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-12-02T15:53:17.323.
     
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    Colonia NJ, 07067