$200,000
$249,000
19.7%For more information regarding the value of a property, please contact us for a free consultation.
50 N GILES ST Bridgeton, NJ 08302
3,886 SqFt
Key Details
Sold Price $200,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,886 sqft
Price per Sqft $51
MLS Listing ID NJCB2009212
Sold Date 12/30/22
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $8,463
Tax Year 2020
Lot Size 8,398 Sqft
Acres 0.19
Lot Dimensions 60.00 x 140.00
Property Description
Multi Unit Investment Opportunity in a Great neighborhood in Historic Bridgeton. This property is made up of 4 one Bedroom apartments and an Efficiency unit. Two of the units and the efficiency are currently occupied. Unit #3 on the second floor is in need of renovation and repair. Work was started, but unfortunately the owner was unable to complete due to illness. It has four newer gas heaters, and the owner just had repairs to the roof and exterior, the access steps and new smoke/CO detectors. It has good potential for greater income with some tlc and upgrades. State inspection was just conducted with a minimum amount of minor repairs being required. Basement Bilco door is being replaced with a wood access door being built on site,.
The current tenants pay $800, $950 and the efficiency pays $575. The pictures are of one bottom floor unit and the third floor flat.
Being conveyed AS-Is Where is. No repair requests will be entertained
Location
State NJ
County Cumberland
Area Bridgeton City (20601)
Zoning RESIDENTIAL
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 2
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Bridgeton Public Schools
Others
Tax ID 01-00274-00017
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Sandy Ghali • Weichert Realtors-Turnersville
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