For Sale

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Photo of 20 W 2nd Avenue, Runnemede NJ
20 W 2nd Avenue
Runnemede, NJ 08078
# of Units
4
1 Bdrm Units
7
Acres
0.17
Interior SqFt
3,000
Age
94
Heating
Electric
Cooling
N/A
Water
Public
Sewer
Public
Garages
0
Taxes (2002)
7,951
Additional Details Below

Description

INCREDIBLE MULTIFAMILY OPPORTUNITY - x7 Fully Occupied 1 Bedroom/1 Bathroom Units!!! Overflowing with potential to add value by billing back utilities increasing to market rents. Seller passed New Jersey DCA hotel & multiple dwellings inspection less than a year ago! Cycles generally last 5 years, so the property should not require re-inspection for some time. Shared coin-operated laundry in basement & private parking with paved driveway! Unit 1 is currently being rented for $950/mo thru 3/31/25. Unit 2 is currently being rented for $771/mo on a month to month lease. Unit 3 is currently being rented for $975/mo thru 8/31/24. Unit 4 is currently being rented for $903/mo on a month to month lease. Unit 5 is currently being rented for $1,013/mo on a month to month lease. Unit 6 is currently being rented for $1,050/mo thru 2/28/25. Unit 7 is currently being rented for $880/mo thru 3/31/24. Schedule a tour TODAY - you won't want to miss this opportunity!

Location

Driving Directions

Chewslanding Rd to E 2nd Ave to #20

Listing Details

Summary
Parking

Asphalt Driveway, Driveway

Interior Features
Basement

Brick/Mortar

Exterior Features
Exterior Features

Brick

Utilities
Heating

Baseboard - Electric, Electric

Hot Water

Natural Gas

Sewer

Public Sewer

Water

Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Resid
Lattitude : 39.850240
Longitude : -75.074220
MLS# : NJCD2064862
Views : 16
Listing Courtesy: Patrick Gorman of Keller Williams - Main Street

Notes

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