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521 5TH ST
PAULSBORO, NJ 08066

Sold
$150,000
Sold on 4/17/2018
  • -- Beds
  • -- Baths
  • 3100 sqft
  • Residential Income | SingleBldg
  • Closed
521 5TH ST, PAULSBORO - 45610546

Property Description for 521 5TH ST, PAULSBORO NJ 08066

"Great Positive Cash Flow" "Investors Dream" Don't miss out on this great investment property with great positive cash flow that features 4-two bedroom apartments with a total approximately 3,100 sqft. The property is known as 519-521 5th Street with apartments A & B for each. The tenants pay their own gas and electric bills which are all metered separately. The only bill the landlord pays is the flat fee of $1,950 total for the year for the water & sewer bill. If you run the numbers for income and expenses, this is a real money maker monthly. The property is located near the new Port of Paulsboro which is going to grow the economy and housing market of Paulsboro making this even a better investment property. Also conveniently located near Rt 295 North and South to be in the City or Delaware with 15-20 minutes. Run the numbers and you will see why this is a good one!

  • Property Class: Multi-Family
  • Listing Status: Closed
  • City: PAULSBORO
  • State: NJ
  • Zip: 08066
  • Area: Paulsboro Boro
  • Class: Residential Income
  • Property Subtype: SingleBldg
  • Approx Lot Size: 0.150
  • Baths (F/H): -- / --
  • Living Area (SqFt): 3100 sqft
  • Lot Sq Ft Apx: 6360.00
  • Year Built: 1921
  • Listing#: 6968887
  • School District: Paulsboro
  • Tax Year: 2017
  • Close Date: 4/27/2018
  • List Date: 4/24/2017
  • Last updated on: 7/18/2018

Property Features for 521 5TH ST, PAULSBORO NJ 08066

  • Basement Type: Partial, Unfinished
  • Exterior: Stucco
  • Property Age: 97
  • Garage Spaces: Nogarage
  • Laundry Type: Nolaundry
  • Sewer Septic: Public Sewer
  • Cooling: None
  • Handicap: None
  • Hot Water: Natural Gas
  • Water: Public
  • Design: Quadplex
  • Exterior Features: Fencing
  • Heating: Gas, Radiator
  • Parking: Street

Additional Information for 521 5TH ST, PAULSBORO NJ 08066

  • School District: Paulsboro
  • High School: Paulsboro H.S.
  • Annual Gross Income: 38700.00
  • Annual Gross Expense: 10201.00
  • Annual Insurance Expense: 1900.00
  • Annual Other Expense: 400.00
  • Basement: True
  • Block Or Square: 00045
  • Building Floors: 2.00
  • Central Air: False
  • Exclusion Remarks: Tenants Personal Property
  • Improv Assessed Amt: $144,600
  • Inclusion Remarks: 4- Refrigerators, 4- Ranges
  • Lot Dimensions: 53X120
  • Lot Number: 00012
  • New Construction: False
  • Ownership: Fee Simple
  • Total Assessment: 163300.00
  • Water Front: False
  • Beds Unit1: 2
  • Baths Full Unit1: 1
  • Room Unit1: 5
  • Unit1 Monthly Rent: 800.00
  • Beds Unit2: 2
  • Baths Full Unit2: 1
  • Room Unit2: 5
  • Unit2 Monthly Rent: 800.00
  • Beds Unit3: 2
  • Baths Full Unit3: 1
  • Room Unit3: 5
  • Unit3 Monthly Rent: 825.00
  • Total Taxes: $6,246
  • Listing Area: Paulsboro Boro
  • Subdivision: Billingsport
  • Beds Unit4: 2
  • Baths Full Unit4: 1
  • Listing ID: 6968887
Courtesy of Ronald Bruce, BHHS Fox & Roach-Mullica Hill-South
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