$425,000
$390,000
9.0%For more information regarding the value of a property, please contact us for a free consultation.
507 MAPLE AVE Palmyra, NJ 08065
2,400 SqFt
Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $177
MLS Listing ID NJBL2058748
Sold Date 06/19/24
Style Victorian
Abv Grd Liv Area 2,400
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $9,204
Tax Year 2023
Lot Size 0.344 Acres
Acres 0.34
Lot Dimensions 100.00 x 150.00
Property Description
MULTIPLE OFFERS, BEST AND FINAL DEADLINE 5/19/2024 7PM. Introducing a fantastic investment opportunity in Palmyra! The downstairs unit boasts impressive high ceilings, basement storage, three bed rooms and one bath. This unit is currently tenant-occupied, with a lease secured until August 2024. Upstairs, discover a charming space featuring two bedrooms and one bath, leased until October 2024. The bonus/storage space in the attic adds versatility to the upper unit. Recent upgrades include water heater replacements in 2023 and a newer boiler (replaced in 2020) ensuring efficiency throughout. Positioned in an "Opportunity Zone," this property maximizes profits for savvy investors. Each unit has its own separate electric meter, washer, and dryer. Don't miss out – seize this opportunity for financial growth!
Location
State NJ
County Burlington
Area Palmyra Boro (20327)
Zoning RESIDENTIAL
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Fireplace N
Heat Source Electric, Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type Driveway, On Street
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Victorian
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Palmyra Borough Public Schools
Others
Tax ID 27-00081-00002
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Toni N Benjamin • BHHS Fox & Roach-Moorestown