NOT LISTED FOR SALE

118 Warwick Rd Lawnside, NJ 08045

-- Bed
-- Bath
2,400 Sq Ft
1,838 Sq Ft Lot

Last Sold September 18, 2024

Last sale price $201,000 $84 Per Sq Ft

8 Days on Market

About This Home

As of September 2024

This four unit building does need a lot of work, but could be a great investment property for you. Fully remodeled and with market rents, you could be bringing in around $60,000 in annual gross rents. Each unit has their own gas forced air heat, separate electric and separate hot water heaters. Units: 1 - 2 bedroom unit, 3 - 1 bedroom units. One unit occupied for $615 per month, month to month lease. Also for sale is another quad at 135 Thomas Ave S, Lawnside NJ). Property sold strictly as is. Buyer responsible for any/all inspections and/or repairs required to close, including but not limited to the CO, smoker cert, etc. Parking for the building is off of Gloucester Rd and behind this building.

Last Listed By

Timothy Belko

BHHS Fox & Roach-Washington-Gloucester License #0564155 Listed on: 08/18/2024

BHHS Fox & Roach-Washington-Gloucester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,703

Year Built

  • Built in 1940

Lot Details

  • 1,838 Sq Ft Lot
  • Lot Dimensions are 20.00 x 92.00
  • Property is in below average condition

Home Design

  • Quadruplex
  • Traditional Architecture
  • Fixer Upper
  • Block Foundation

Interior Spaces

  • 2,400 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Shared Driveway
  • Dirt Driveway
  • Unpaved Parking
  • On-Street Parking
  • Parking Lot

Schools

  • Haddon Heights High School

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 21-01211-00010

Community Details

Overview

  • 4 Units
  • 3-Story Building

Building Details

  • 3 Vacant Units
  • Gross Income $56,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,703

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants Belongings
  • Inclusions: All appliances
  • New Construction: No
  • Expected On Market: 2024-08-19
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: This four unit building does need a lot of work, but could be a great investment property for you. Fully remodeled and with market rents, you could be bringing in around $60,000 in annual gross rents. Each unit has their own gas forced air heat, separate electric and separate hot water heaters. Units: 1 - 2 bedroom unit, 3 - 1 bedroom units. One unit occupied for $615 per month, month to month lease. Also for sale is another quad at 135 Thomas Ave S, Lawnside NJ). Property sold strictly as is. Buyer responsible for any/all inspections and/or repairs required to close, including but not limited to the CO, smoker cert, etc. Parking for the building is off of Gloucester Rd and behind this building.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 72.92
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 118

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Dirt Driveway, Shared Driveway, Unpaved
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: On Street, Parking Lot
  • Parking Lot Number Of Spaces: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: HADDON HEIGHTS SCHOOLS
  • High School: HADDON HEIGHTS H.S.
  • High School Source: Listing Agent
  • School District Key: 300200396983
  • School District Source: Listing Agent
  • High School: HADDON HEIGHTS H.S.

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 20.00 x 92.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1838.00
  • Property Condition: Below Average, Major Rehab Needed
  • Year Assessed: 2023
  • Zoning: RES

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Rent Control: No
  • Total Actual Rent: 7380.00
  • Units Leased Count: 1
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 3
  • Gross Scheduled Income: 56400.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Tax Annual Amount: 4703.00
  • Assessor Parcel Number: 21-01211-00010
  • Tax Lot: 00010
  • Tax Total Finished Sq Ft: 1580
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 09/18/2024

MLS Schools

  • School District Name: HADDON HEIGHTS SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2024 09/18/24 Sold $201,000 +14.9% $84 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/18/2024 08/18/24 For Sale $175,000 -- $73 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2073810

Bright MLS