Florence, NJ 08518,202 FOUNDRY ST
Florence, NJ 08518,202 FOUNDRY ST
Florence, NJ 08518,202 FOUNDRY ST
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$900,000
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3,888 SqFt
Active

202 FOUNDRY ST Florence, NJ 08518

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UPDATED:

11/08/2024 06:08 AM

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,888 sqft

Price per Sqft $231

MLS Listing ID NJBL2075956

Style Dwelling with Rental

Abv Grd Liv Area 3,888

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $12,541

Tax Year 2024

Lot Size 2,640 Sqft

Acres 0.06

Property Description

Investor Alert - Brand new, completely rebuilt 4-unit multifamily property!

This FULLY occupied 4-unit Multifamily property in Florence, NJ at 202 Foundry Street presents an excellent investment opportunity. The property features four rental units with long-term tenants, offering one 3-Bedroom unit; one 2-Bedroom unit; & two 1-Bedroom units. Conveniently located near I-295 and the NJ Turnpike, it provides easy access to Philadelphia and New York City.

Completely rebuilt property in 2021, including structure/framework, new roof, windows, mechanicals, and significant upgrades throughout each unit. With an Annual Rental Income exceeding $85,000, this property is a profitable investment for buyers seeking stable income.

Ideal for seasoned investors or those starting their real estate portfolio, this property offers passive income and wealth-building potential. Don't miss out on owning this fully occupied Multifamily property in a prime location.

Location

State NJ

County Burlington

Area Florence Twp (20315)

Zoning COMMERCIAL

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Dwelling with Rental

Additional Building Above Grade

New Construction Y

Schools

School District Florence Township Public Schools

Others

Tax ID 15-00014-00001

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by Jonathan Zachary Benstead • BHHS Fox & Roach-Marlton

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Joann Stamatopoulos

Agent | License ID: 672270

+1(443) 355-1038

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