$265,000
$265,000
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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
Sold Date 06/13/24
Style Victorian
Abv Grd Liv Area 1,920
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $6,228
Tax Year 2023
Lot Size 4,000 Sqft
Acres 0.09
Lot Dimensions 40.00 x 100.00
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
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling Window Unit(s)
Equipment Refrigerator, Oven/Range - Gas
Fireplace N
Appliance Refrigerator, Oven/Range - Gas
Heat Source Electric, Natural Gas
Exterior
Garage Spaces 2.0
Carport Spaces 2
Waterfront N
Water Access N
Roof Type Asphalt,Flat
Accessibility None
Parking Type Driveway, Detached Carport, On Street
Total Parking Spaces 2
Garage N
Building
Foundation Stone, Block
Sewer Public Sewer
Water Public
Architectural Style Victorian
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Palmyra Borough Public Schools
Others
Tax ID 27-00110-00001
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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Bought with Anna P Alves • Keller Williams Realty - Moorestown