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1016 W 3Rd Street Florence, NJ $ 325,000
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$ 325,000 Get more info
1016 W 3Rd Street
$ 325,000
Back to search
Share Save

1016 W 3Rd Street

Florence, NJ, 08518
$ 325,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 2,270

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Multi-Family Home for sale in Florence, NJ

for $325,000 with 3 bedrooms. This home was built in 1910 on a lot size of 0.08.

Welcome to your next investment opportunity in Florence, NJ! This duplex presents a prime chance to capitalize on rental income and property appreciation. The first-floor unit offers an oversized 1 bedroom, 1 bathroom layout with a finished basement, perfect for immediate occupancy or rental. Meanwhile, the second-floor unit, with 2 bedrooms and 1 bathroom, is currently tenant-occupied, generating $1600 per month and expressing interest in a continued lease. Both units are updated and turnkey ready, promising low maintenance and high tenant satisfaction. With potential total rental income reaching $3400 per month and the added benefit of low taxes, this property stands as a solid investment choice. Located in a community renowned for its pride and convenience to public transportation, this duplex is a lucrative addition to any portfolio. Don't hesitateseize this opportunity to secure your foothold in the flourishing Florence real estate market. Schedule your viewing today!

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Multi-Family Contingent

Price

$ 325,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 3,657

Style

Lot Size

0.08

Year Built

1910

Town/City

Florence

County/Region

Burlington

MLS | Web ID

NJBL2063876
Features
Interior
Heating Fuel Natural Gas
Basement Fully Finished
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
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General
Sewer Public Sewer
Heating Forced Air
Cooling Window Unit(s)
Possession 0-30 Days CD 31-60 Days CD Negotiable
Appliances Dryer Oven/Range - Gas Refrigerator Washer
Zoning RES
Pool Y/N No Pool
Architectural Style Other
Construction Materials Frame
Year Built 1910
Property SubType Duplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality FLORENCE TWP
Accessibility None
County BURLINGTON
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 7
Status ACTIVE UNDER CONTRACT
Directions GPS
City FLORENCE
Buyer Agent Compensation 2.5
Total Units 2
MLS Area Florence Twp (20315)
Lot Size Square Feet 3450.00
Waterfront Y/N N
Number of Units Leased 1
Street Name 3RD
Tax Annual Amount 3657.0
Property Condition Good
Two Bedroom 1
Structure Type Twin/Semi-Detached
Price Per Sq Ft 189.17
Acceptable Financing Cash Conventional FHA
Rent Control Y/N N
Vacation Rental Y/N N
Days on Market 5
Location Type Suburban
Lease Type Yearly
Standard Status Active Under Contract
Year Built Source Estimated
Tax Lot 00001
Total Actual Rent 19200.00
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking On Street Driveway
Foundation Details Block
Water View Y/N N
Lot Size Acres 0.08
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 38400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1016
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* Excluded Features
List By
Century 21 Veterans-Newtown

Broker

melanieelliott@verizon.net

Email

Affordability Calculator

$2,575
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,270
Monthly Property Taxes
$305
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3535038 Elementary School
3534777 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/20/2024$325,000 Listed Price

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1016 W 3Rd Street, Florence, NJ, 08518 is a Multi-Family Home for sale at $325,000 with a lot size of 0.08. 1016 W 3Rd Street has 3 bedrooms, 0.0 baths, and was built in 1910. The property's zip code is 08518 which is in Florence, NJ

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