202 FOUNDRY ST new to site Save Request In-Person Tour Request Virtual Tour
Florence,NJ 08518
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,888 sqft
Price per Sqft $231
MLS Listing ID NJBL2092754
Style Other
Abv Grd Liv Area 3,888
Year Built 1940
Annual Tax Amount $12,541
Tax Year 2024
Lot Size 2,640 Sqft
Acres 0.06
Property Sub-Type Quadruplex
Source BRIGHT
Property Description
Investor Alert - Property was sold, but buyer's 1031 exhange fell through. Brand new, completely rebuilt 4-unit multifamily property!
This FULLY occupied 4-unit Multifamily property in Florence, NJ at 202 Foundry Street presents an excellent investment opportunity. The property features four rental units with long-term tenants, offering one 3-Bedroom unit; one 2-Bedroom unit; & two 1-Bedroom units. Conveniently located near I-295 and the NJ Turnpike, it provides easy access to Philadelphia and New York City.
Completely rebuilt property in 2021, including structure/framework, new roof, windows, mechanicals, and significant upgrades throughout each unit. With an Annual Rental Income exceeding $85,000, this property is a profitable investment for buyers seeking stable income.
Ideal for seasoned investors or those starting their real estate portfolio, this property offers passive income and wealth-building potential. Don't miss out on owning this fully occupied Multifamily property in a prime location.
Location
State NJ
County Burlington
Area Florence Twp (20315)
Zoning MULTIFAMILY
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District Florence Township Public Schools
Others
Tax ID 15-00014-00001
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard