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Photo of 1016 W 3rd Street, Florence NJ
1016 W 3rd Street
Florence, NJ 08518
# of Units
2
1 Bdrm Units
1
2 Bdrm Units
1
Acres
0.08
Interior SqFt
2,063
Age
114
Heating
Natural Gas
Cooling
Window Unit(s)
Water
Public
Sewer
Public
Garages
0
Taxes (2023)
3,657
Additional Details Below

Description

Welcome to your next investment opportunity in Florence, NJ! This duplex presents a prime chance to capitalize on rental income and property appreciation. The first-floor unit offers an oversized 1 bedroom, 1 bathroom layout with a finished basement, perfect for immediate occupancy or rental. Meanwhile, the second-floor unit, with 2 bedrooms and 1 bathroom, is currently tenant-occupied, generating $1600 per month and expressing interest in a continued lease. Both units are updated and turnkey ready, promising low maintenance and high tenant satisfaction. With potential total rental income reaching $3400 per month and the added benefit of low taxes, this property stands as a solid investment choice. Located in a community renowned for its pride and convenience to public transportation, this duplex is a lucrative addition to any portfolio. Don't hesitate—seize this opportunity to secure your foothold in the flourishing Florence real estate market. Schedule your viewing today!

Location

Listing Details

Interior Features
Basement

Fully Finished, Block

Appliances

Dryer, Oven/Range - Gas, Refrigerator, Washer

Exterior Features
Exterior Features

Frame

Utilities
Cooling

Window Unit(s), Electric

Heating

Forced Air, Natural Gas

Hot Water

Natural Gas

Sewer

Public Sewer

Water

Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Res
Lattitude : 40.122417
Longitude : -74.818871
MLS# : NJBL2063876
Views : 4
Listing Courtesy: Melanie Elliott of Century 21 Veterans-Newtown

Notes

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