Property
Florence, NJ 08518 1016 W 3Rd Street
$325,000
Pending
27 more
Presented By: Century 21 Veterans-Newtown
Beds • 3
Home Details
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!
Presented By: Century 21 Veterans-Newtown
Interior Features for 1016 W 3Rd Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
BasementFully Finished
Basement (Y/N)Yes
Central Air Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 1016 W 3Rd Street
Acceptable FinancingCash, Conventional, FHA
AccessibilityNone
AppliancesDryer, Oven/Range - Gas, Refrigerator, Washer
Architectural StyleOther
Buyer Agent Compensation2.5
Buyer Agent Compensation Type% Of Gross
CityFLORENCE
Construction MaterialsFrame
Contingency TypeAttorney Review, Home Inspection
Cool FuelElectric
CoolingWindow Unit(s)
CountyBURLINGTON
Days on Market5
DirectionsGPS
Garage Y/NNo
HeatingForced Air
Lease TypeYearly
Location TypeSuburban
Lot Size Square Feet3450.00
Lot Size UnitsSquare Feet
MLS AreaFlorence Twp (20315)
ModificationTimestamp2024-05-31T16:53:47
MunicipalityFLORENCE TWP
New ConstructionNo
Number of Units Leased1
NumberOfUnitsTotal2
NumberOfUnitsVacant1
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
Percent OwnershipFee Simple
Possession0-30 Days CD, 31-60 Days CD, Negotiable
Price Per Sq Ft Total AG189.17
Property ConditionGood
Property SubTypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictFLORENCE TOWNSHIP PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusPending
StatusPENDING
Structure TypeTwin/Semi-Detached
Tax Annual Amount3657.0
Tax Assessed Value137100.0
Tax Lot00001
Tax Year2023
Total Actual Rent19200.00
Total Rooms7
Total SQFT2063
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1910
Year Built SourceEstimated
ZoningRES
Exterior for 1016 W 3Rd Street
Foundation DetailsBlock
Land Assessed Value38400.00
Land Use Code
Lot Size Acres0.08
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces2
Type of ParkingOn Street, Driveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Fabiane Farias
Associate