NOT LISTED FOR SALE

731 Graisbury Ave Blackwood, NJ 08012

Studio
-- Bath
4,000 Sq Ft
8,223 Sq Ft Lot Lot

Sale Details

Date Sold: October 16, 2015

Last sale price $410,000 $102 Per Sq Ft

111 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating System Uses Gas

About This Home

As of October 2015

$52,800 Gross Annual Income!! All 5 units recently renovated!! 5 Unit Building on quiet residential street close to 42, AC EXP, 295, and shopping. This building just went through some large Capital Improvements including, New 25 Year shingle roof, new capping, new gutters and soffits as of 2011. New sealed 10 car striped parking lot, and professional landscaping gives this unique 5 unit building great curb appeal. Each unit consists of 1 Bedroom, 1 bathroom, 800 sqft. open layout from living room to dining area, and tenants have their own washer and dryer, plus ceramic tile in kitchen and bathrooms. All long term tenants. Gas heat, Gas hot water, separate meters. Most appliances are new! Value play to slightly increase rents, and charge a small flat fee for water usage, currently owner pays water and sewer. Units C and R just went through renovations with floors, kitchens and bathrooms. Please email for complete break down of rent roll and expenses. Great building with plenty of room for growth. Confidential sale, Do Not Approach Property or Tenants. TURN KEY. Seller looking to make a deal.

Last Agent to Sell the Property

Michael Walton

(856) 722-8090 bonniebmax@gmail.com RE/MAX ONE Realty License #447867 Listed on: 04/22/2015

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,501

Year Built

  • Built in 1977

Lot Details

  • 8,223 Sq Ft Lot
  • Lot Dimensions are 90x91
  • Property is in good condition

Parking

  • Parking Lot

Home Design

  • 4,000 Sq Ft Home
  • Vinyl Siding

Laundry

  • Laundry in unit

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00026
  • Assessor Parcel Number 15-10401-00026

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $240
  • Insurance Expense $2,400
  • Maintenance Expense $2,200
  • Other Expense $1,000
  • Operating Expense $17,989

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,501

Year Built

Built in 1977

Lot Details

8,223 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: All Appliances.
  • New Construction: No
  • Other Expense: 1000.00
  • Year Built: 1977
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 4000
  • Living Area Sq Ft: 4000
  • Price Per Sq Ft: 106.23
  • Above Grade Finished Sq Ft: 4000
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Expense: 240.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2700.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 217400.00
  • Land Assessed Value: 61000.00
  • Lot Size Acres: 0.19
  • Lot Dimensions: 90X91
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8223.00
  • Property Condition: Good
  • Zoning: APT

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 52800.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Tax Info

  • Assessor Parcel Number: 1863527
  • Tax Annual Amount: 9501.00
  • Assessor Parcel Number: 15-10401-00026
  • Tax Lot: 00026
  • Tax Year: 2015

MLS Schools

  • School District Name: BLACK HORSE PIKE REGIONAL SCHOOLS
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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 List to Sale Price per Sq Ft
10/16/2015 10/16/15 Sold $410,000 -3.5% $103 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $424,900 -- $106 / Sq Ft
Source: Bright MLS

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Map

Source: Bright MLS

MLS Number: 1002582208

Bright MLS
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