Palmyra, NJ 08065,516 MORGAN AVE
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Palmyra, NJ 08065,516 MORGAN AVE
Palmyra, NJ 08065,516 MORGAN AVE
Palmyra, NJ 08065,516 MORGAN AVE
Palmyra, NJ 08065,516 MORGAN AVE

$172,000

Est. payment /mo

$174,900

1.7%
Est.Price: ?

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516 MORGAN AVE Palmyra, NJ 08065

2,362 SqFt

SOLD DATE : 09/16/2016

Key Details

Sold Price $172,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,362 sqft

Price per Sqft $72

Subdivision None Available

MLS Listing ID 1002457670

Sold Date 09/16/16

Style Other

HOA Y/N N

Abv Grd Liv Area 2,362

Originating Board TREND

Year Built 1910

Annual Tax Amount $6,464

Tax Year 2015

Lot Size 7,500 Sqft

Acres 0.17

Lot Dimensions 50X150

Property Description

TURN-KEY DUPLEX! Fully occupied and tenants plan on staying. Top dollar rents, PLUS garage being rented at $100 a month and potential for an extra $100 a month from renting out the large shed (currently used by the owner, has rented out for $100/mo in the past). Unit 1 is a two bedroom unit with a living room, eat in kitchen and bonus family room in finished basement along with it's own laundry area. Unit 2 is a two-story two bedroom unit with a living room, eat in kitchen and it's own laundry area. 2nd bedroom is on the 3rd floor. Both units have flexible spaces - each living room has a door and a closet - so tenants can tailor use of rooms to their needs. In the backyard, there are two assigned parking spaces for each unit in addition to street parking. Tenants each pay their own heat, hot water, gas and electric! Owner's expenses subject to change. Ideal location only a few minutes walk to many amenities including the River Line train, restaurants and shopping! Owners hate to let this cashflowing duplex go, but is moving out of state. Priced to sell!!!

Location

State NJ

County Burlington

Area Palmyra Boro (20327)

Zoning R3

Rooms

Other Rooms Primary Bedroom

Basement Partial

Interior

Hot Water Natural Gas

Heating Gas, Heat Pump - Gas BackUp, Hot Water, Radiator

Cooling Wall Unit

Flooring Wood, Fully Carpeted, Vinyl

Fireplace N

Heat Source Natural Gas

Laundry Washer In Unit, Dryer In Unit

Exterior

Garage Spaces 5.0

Water Access N

Roof Type Pitched

Accessibility None

Total Parking Spaces 5

Garage Y

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

Middle Schools Charles Street School

High Schools Palmyra

School District Palmyra Borough Public Schools

Others

Tax ID 27-00081-00009

Ownership Fee Simple

Acceptable Financing Conventional, VA, FHA 203(b)

Listing Terms Conventional, VA, FHA 203(b)

Financing Conventional,VA,FHA 203(b)

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Bright MLS (BMLS)
Listed by Kelly A Rathbone • Garden Realty of Haddonfield, LLC
Bought with Sigmond Jazwiecki • RE/MAX Preferred - Marlton

Meggie Carpenter

Advisor | License ID: 654291

+1(410) 303-9172

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