$265,000
$265,000
For more information regarding the value of a property, please contact us for a free consultation.
518 RACE ST Palmyra, NJ 08065
1,920 SqFt
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
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Anna P Alves • Keller Williams Realty - Moorestown