$145,000
Sold

216 S Liberty Street

Hammonton, NJ 08037
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

CONTRACTS ACCEPTED. Older, but very large Duplex in a very desirable neighborhood within close walking distance to Public Transportation, Downtown Area, and Shoprite market. Let's call it 3 Bedrooms 1 Bath downstairs and 2 Bedrooms 1 Bath upstairs, but it "lives bigger" than this for its current Tenants who pay very attractive rents. Tenants have been in this home for about 10-years, so despite their short-term leases (mo/mo currently), they seem interested in continuing to rent the home. There is a full basement, which mostly serves as a place for the utilities and some storage. Also, an out-building, about the size of a 1-car garage, is used for storage. This home is a bit rough, but it produces about $24,000 rents in its as-is condition. It is PRIME for renovation and upgrade for possible conversion to a more valuable duplex or possibly as a single family home. Buy it for its income, keep it for its upside/potential.

Location

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