Palmyra, NJ 08065,518 RACE ST
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Palmyra, NJ 08065,518 RACE ST
Palmyra, NJ 08065,518 RACE ST
Palmyra, NJ 08065,518 RACE ST
Palmyra, NJ 08065,518 RACE ST

$265,000

Est. payment /mo

$265,000

Est.Price: ?

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518 RACE ST Palmyra, NJ 08065

1,920 SqFt

SOLD DATE : 06/13/2024

Key Details

Sold Price $265,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,920 sqft

Price per Sqft $138

Subdivision None Available

MLS Listing ID NJBL2060194

Style Victorian

Year Built 1910

Annual Tax Amount $6,228

Tax Year 2023

Lot Size 4,000 Sqft

Property Description

NOW VACANT - buyer financing fell thru! Offers due by 6/11 5pm. Spacious corner property ideal for house hacking, live in one unit, rent the other to offset your
mortgage. Great income property located in Palmyra, one of NJ’s Opportunity Zones. Invest
now with tax saving opportunities. Solid Duplex with a first floor spacious 3 bedroom 1 bath, to
be delivered vacant with rental potential of $1850 + per month. Second floor unit, 2 Bed 1 bath, potential $1600+ . Some major components updated
within the last few years like roof, and parging in the basement, gas heat unit completely rebuilt.
Some cosmetics will allow this property to max out on market rental rates. Quiet residential
neighborhood with oversized wood deck for tenant’s enjoyment, spacious rear yard and covered
carport. As-is sale, buyer responsible for twp CO transfer.

Location

State NJ

County Burlington

Area Palmyra Boro (20327)

Zoning RES

Interior

Hot Water Natural Gas

Heating Baseboard - Electric

Cooling Window Unit(s)

Equipment Refrigerator, Oven/Range - Gas

Exterior

Garage Spaces 2.0

Water Access N

Roof Type Asphalt,Flat

Building

Foundation Stone, Block

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Palmyra Borough Public Schools

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Melanie C Elliott • Century 21 Veterans-Newtown
Bought with Anna P Alves • Keller Williams Realty - Moorestown

Jason Gareau

Broker

+1(609) 929-4486

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