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18 W FRONT ST Florence, NJ 08518
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Key Details
Sold Price $100,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,967 sqft
Price per Sqft $25
Subdivision None Available
MLS Listing ID 1002418754
Sold Date 10/07/16
Style Other
HOA Y/N N
Abv Grd Liv Area 3,967
Originating Board TREND
Year Built 1879
Annual Tax Amount $6,231
Tax Year 2015
Lot Size 4,000 Sqft
Acres 0.09
Lot Dimensions 40X100
Property Description
Calling all investors! Close to 4000 SF building located on Front St with river views. Presently used as three rental units but was managed by previous owner. With some imagination and design, could lay this out into some nice living space! Needs lots of cosmetics, but the potential makes this a diamond in the rough. Three separate electric panels, and units heated by oil, except lower unit with electric heat. Oil tank is in basement as well as upgraded gas hot water heater. This building had a store front at one time, with a residence for the owner and additional apartments. Florence Township has building zoned as neighborhood commercial, so if not meeting specs for this use a variance may be needed. Roof has been tarred annually with no problems. Old damage in one unit at ceiling is old roof problem that was never repainted inside. If you are looking for long term investment, this could be very profitable. To be sold completely AS-IS and buyer responsible for any and all certifications and inspections. Allow 24 hour notice for tenant notice. Third floor, which is huge finished attic would make an outstanding apartment or maybe convert the entire building back to a single family?? So many options!!
Location
State NJ
County Burlington
Area Florence Twp (20315)
Zoning NC
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished
Interior
Hot Water Natural Gas
Heating Oil, Electric, Radiator
Cooling None
Flooring Wood, Fully Carpeted
Fireplace N
Heat Source Oil, Electric
Laundry Washer In Unit, Dryer In Unit
Exterior
Water Access N
View Water
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
Elementary Schools Roebling School
High Schools Florence Township Memorial
School District Florence Township Public Schools
Others
Tax ID 15-00048-00007
Ownership Fee Simple
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Bought with Mary M Bauer • RE/MAX at Home