1ST DEGREE Realty, LLC
Gary DeGree Sr, 1ST DEGREE Realty, LLCPhone: (856) 625-7242
Email: [email protected]
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listing
1 of 31
MultifamilyFor Sale
$309,000
329-331 Route 168
Blackwood, NJ 08012
Listed by: Hof Realty, (856) 804-1805
MLS: Bright MLS
1,640Sq Ft
Est. Mortgage
$1,695/mo

Investor Alert!! This property consists of a Duplex AND a separate Commercial Unit. 331 Rt 168 is the address for the Duplex. Both units are currently vacant. Unit A (downstairs) is a nice sized 2 bedroom 1.5 bath unit that has access to the large unfinished basement. HUD fair market rent for 2025 in this area for a 2 bedroom is $1,880. Unit B (upstairs) is a cozy yet spacious 1 bedroom 1 bath unit. This unit has a laundry hookup at the entrance by the steps so that each tenant can do their own laundry. HUD fair market rent for 2025 in this area for a 1 bedroom is $1,580. Outside there is a small one car garage and plenty of parking available on the lot itself. And if a Duplex wasn't enough by itself, this property also has a small commercial unit on the other corner of the lot! This was previously a boxing gym but is now vacant as well. This commercial space is estimated at $1,500 monthly rent but could easily be higher depending on the renovations done and the desired future business. Buyer to do due diligence for acceptable financing. This is a mixed use property. Commercial unit and duplex share a cesspool. Water source is currently Well. That is a total estimated monthly income of almost $5,000!

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This data is up-to-date as of 11/01/2024 04:15 AM. Listing provided by Michael Coffee of Hof Realty.
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