Property Description

ATTENTION INVESTORS & DEVELOPERS!! This wonderful Quadruplex is a property to consider! Split between 2 buildings, a total of 4 units provide great living space for occupants. Some of the units are currently occupied with tenants, who are currently signed under lease. Rent at Unit A is $1,425 per month, and it’s lease ends December 31, 2021 under Section 8. Rent at Unit B is $1,200 per month, ending December 31, 2021; this Unit is on a month-to-month lease with the Owner’s family member as its occupant. Unit C has a monthly rent of $1,400, with a lease also ending December 31, 2021, and the final rental unit (Unit D) is occupied by the Owner himself; tenants pay all utilities. After December 31, 2021, all Tenants will be on a month-to-month lease, which can continue as such. Each building features two mirror image, 2-story townhomes with parking. Owner is responsible for basic expenses such as taxes, insurance and grounds maintenance. The property is located approximately 2 miles from Rowan University/Rowan Blvd; Rts 47, 322 & 55 and the newer Glassboro Town Square development. The property is also close to all major shopping centers! nnThese units contain 3 bedrooms, a large living room, dining room, L-shaped kitchen, 1st floor 1/2 bath and 1st fl laundry closet. 3 bedrooms are located upstairs, along with a generously-sized full bath. Units have central a/c, gas heat, patio doors from dining room to rear yard and paved off-street parking. nnThe lot is 1.13 acres, and is NOT FULLY DEVELOPED! There is land which can be utilized for construction of more property; Owner says that there is room to add up to two duplexes at the rear of the property! Permits are required however, and one must apply for a variance & provide site plan to township. This property is being sold AS-IS; all 4 units are on the same deed.

Features
: Forced air
: Central a/c
: Architectural Shingle
: Paved parking
Y
: Vinyl siding
: Block
: Floor plan - traditional
N
: Colonial, Traditional, Side-by-side
: Electric
: Natural gas
: Natural gas
: Garage Refrigerator And Shelving Specifical Are Not Included Except What Is Specifically Mentioned In The Included.
: Backs to trees, Partly Wooded, Level, No Thru Street
N
: Cable Tv
Address Map
Earl Avenue.
MLS Addon
Annually
Annually
GLASSBORO PUBLIC SCHOOLS
4,640 Sqft
: Twin/semi-detached
4,640 Sqft
$14,484
2020
R5
: Public Sewer
: Public
N
$0

Multi-family For Sale

125 EARL AVENUE, GLASSBORO, New Jersey 08028

4,640 Sqft
$680,000
Listing ID #NJGL2005112
Basic Details
Property Type : Multi-family
Status : ACTIVE
Listing ID : NJGL2005112
Price : $680,000
Rooms : 12
Sqft : 4,640 Sqft
Year Built : 2008
Lot Area : 1.13 Acre
Price Per SQFT : $147
Lot SQFT : 49,223 Sqft
Ownership Interest : Fee Simple
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