$305,000
$340,000
10.3%For more information regarding the value of a property, please contact us for a free consultation.
9 FRANCIS ST Wrightstown, NJ 08562
7,500 Sqft Lot
Key Details
Sold Price $305,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1002494128
Sold Date 03/02/17
Style Other
HOA Y/N N
Originating Board TREND
Annual Tax Amount $3,561
Tax Year 2016
Lot Size 7,500 Sqft
Acres 0.17
Lot Dimensions 75X100
Property Description
Just Reduced!!!!This extraordinary investment property is fully renovated and houses 6 one bedroom apartment units in the town of Wrightstown. Contains 7,500 square feet of area and 75 feet of frontage on Francis Street. Vinyl siding,insulated windows with screens, steel doors, aluminum wrapped fascia, soffit, gutters and downspouts. Tenants pay all utilities except heat. The roof and windows were replaced in 2003. In 2009,the apartments on the first, second and third floors on the front of the building were totally redone with all new plumbing, electric, baths, kitchens including roof and windows. All new hot water heaters have been installed. The building has a state green card for all units and gets a new Certificate of Occupancy any time there is a change in occupancy. Tenants are responsible for the electrical service.Landlord is responsible for water, sewer, heat and hot water systems. The property attracts government contractors who are typically given a stipend to cover living costs. It has a history of low vacancy and gets competitive rents. Great location directly across from the main gate of McGuire AFB. It is 15 minutes from Trenton and 35 minutes to Philadelphia. Nothing to do but sit back and enjoy the high financial return on your investment. Do not miss out on this incredible opportunity!
Location
State NJ
County Burlington
Area Wrightstown Boro (20340)
Zoning RES
Rooms
Other Rooms Master Bedroom
Basement Partial
Interior
Hot Water Natural Gas
Heating Gas
Cooling None
Fireplace N
Heat Source Natural Gas
Laundry None
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
New Construction N
Schools
School District Bordentown Regional School District
Others
Tax ID 40-00602-00002
Ownership Fee Simple
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