NOT LISTED FOR SALE

207-209 S King St Gloucester City, NJ 08030

-- Bed
-- Bath
2,900 Sq Ft
6,786 Sq Ft Lot

Last Sold July 01, 2015

Last sale price $185,000 $64 Per Sq Ft

15 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas
  • Tile or Brick Flooring
  • Ceiling Fan
  • 1-minute walk to Proprietors Park

About This Home

As of July 2015

Great investment opportunity best describes this updated triplex in Gloucester City! This property features 3 occupied updated units complete with tastefully renovated kitchens and baths. Each unit has been outfitted with new flooring throughout, fresh neutral tones, appliance package, and new windows. This property also has a new flat roof with 10 year warranty, new vinyl siding, capping, and gutters. If you're looking for additional income, there is a common laundry room off the back of the building that would be perfect for a coin operated washer and dryer. Along with the triplex, the sale also includes 2 additional lots to the right and left of the property. All of this plus a large paved parking area, river views, and great location situated next to the public park. If you're looking for a cash cow, this is it! Note: Snow, lawn, and trash removal are covered by the tenant in 207A as a part of his rent.

Last Agent to Sell the Property

Anthony Causerano

Keller Williams Realty - Cherry Hill License #344297 Listed on: 04/08/2015

Keller Williams Realty - Cherry Hill

Last Buyer's Agent

Robert Milaway

EXP Realty, LLC License #791082

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,820

Year Built

  • Built in 1860

Lot Details

  • 6,786 Sq Ft Lot
  • Lot Dimensions are 78x87
  • Property is in good condition

Home Design

  • Triplex
  • Flat Roof Shape
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,900 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Partial Basement
  • Washer and Dryer Hookup

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile or Brick
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Shared Driveway
  • On-Street Parking

Utilities

  • Heating System Uses Gas
  • Heating System Uses Oil
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 14-00069-00007

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $3,400
  • Operating Expense $10,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,820

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: Washer/Dryer In 207a, All Refrig., Dishwashers, Ranges
  • New Construction: No
  • Storage: Basement
  • Year Built: 1860
  • Remarks Public: Great investment opportunity best describes this updated triplex in Gloucester City! This property features 3 occupied updated units complete with tastefully renovated kitchens and baths. Each unit has been outfitted with new flooring throughout, fresh neutral tones, appliance package, and new windows. This property also has a new flat roof with 10 year warranty, new vinyl siding, capping, and gutters. If you're looking for additional income, there is a common laundry room off the back of the building that would be perfect for a coin operated washer and dryer. Along with the triplex, the sale also includes 2 additional lots to the right and left of the property. All of this plus a large paved parking area, river views, and great location situated next to the public park. If you're looking for a cash cow, this is it! Note: Snow, lawn, and trash removal are covered by the tenant in 207A as a part of his rent.
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl, Tile/Brick, Laminated
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 2900
  • Living Area Sq Ft: 2900
  • Price Per Sq Ft: 63.79
  • Above Grade Finished Sq Ft: 2900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 207-209

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4
  • Parking Features: Street, Shared Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil, Natural Gas, Electric
  • Heating Type: Oil, Gas, Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: GLOUCESTER CITY SCHOOLS
  • School District Key: 300200396970

Lot Info

  • Improvement Assessed Value: 96100.00
  • Land Assessed Value: 33900.00
  • Lot Size Acres: 0.16
  • Lot Dimensions: 78X87
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6786.00
  • Property Condition: Good
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 33600.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1852084
  • Tax Annual Amount: 6820.00
  • Assessor Parcel Number: 14-00069-00007
  • Tax Lot: 00007
  • Tax Year: 2014
  • Close Date: 07/01/2015

MLS Schools

  • School District Name: GLOUCESTER CITY 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
07/01/2015 07/01/15 Sold $185,000 +15316.7% $64 / Sq Ft
04/23/2015 04/23/15 Pending -- -- --
04/18/2015 04/18/15 Rented $1,200 -99.4% --
04/15/2015 04/15/15 Under Contract -- -- --
04/08/2015 04/08/15 For Sale $185,000 0.0% $64 / Sq Ft
12/30/2014 12/30/14 For Rent $1,200 -- --
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: 1002571116

Bright MLS