101 2nd St, Swedesboro, NJ 08085

$355,000
1,775
SqFt

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List Price
$355,000
Price Change
▼ $10,000 1785228477
Days on Market
55
Status
ACTIVE
MLS#
NJGL2074502
Living Area
1,775
Lot Size (Acres)
0.18
Style
Other
Year Built
1950
County
Gloucester
School District
Kingsway Regional High

Property Description

INVESTMENT OPPORTUNITY - Outstanding duplex opportunity in the heart of Swedesboro, ideal for both investors and owner-occupants. The first-floor unit features 3 bedrooms and 1 full bath and is currently occupied and rented for $1,286 per month on a MTM lease, providing immediate rental income, while the vacant upper unit offers a cosmetically renovated 1-bedroom, 1-bath layout ready for its next occupant. Adding to the property's income potential, the current HUD Fair Market Rent for a 3-bedroom unit in ZIP code 08085 is $2,850 per month. Live in the updated upstairs unit and let the existing rental help offset your mortgage, or maximize cash flow by leasing both units for a fully income-producing investment. Schedule your showing today!

Additional Information

Area
Swedesboro Boro (20817)
Taxes
$6480
School District
Kingsway Regional High
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of Keller Williams - Main Street. Contact: 8568582200