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Photo of 202 Foundry Street, Florence NJ
202 Foundry Street
Florence, NJ 08518
# of Units
4
1 Bdrm Units
2
2 Bdrm Units
1
3 Bdrm Units
1
Acres
0.06
Interior SqFt
3,888
Age
85
Heating
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
0
Taxes (2024)
12,541
Additional Details Below

Description

Investor Alert - Property was sold, but buyer's 1031 exhange fell through. Brand new, completely rebuilt 4-unit multifamily property This FULLY occupied 4-unit Multifamily property in Florence, NJ at 202 Foundry Street presents an excellent investment opportunity. The property features four rental units with long-term tenants, offering one 3-Bedroom unit; one 2-Bedroom unit; & two 1-Bedroom units. Conveniently located near I-295 and the NJ Turnpike, it provides easy access to Philadelphia and New York City. Completely rebuilt property in 2021, including structure/framework, new roof, windows, mechanicals, and significant upgrades throughout each unit. With an Annual Rental Income exceeding $85,000, this property is a profitable investment for buyers seeking stable income. Ideal for seasoned investors or those starting their real estate portfolio, this property offers passive income and wealth-building potential. Don't miss out on owning this fully occupied Multifamily property in a prime location.

Location

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Listing Details

Exterior Features
Exterior Features

Brick

Utilities
Cooling

Central A/C, Electric

Heating

Baseboard - Hot Water, Natural Gas

Hot Water

Natural Gas

Sewer

Public Sewer

Water

Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Multifamily
Lattitude : 40.123486
Longitude : -74.816643
MLS# : NJBL2092754
Views : 62
Listing Courtesy: Jonathan Benstead of BHHS Fox & Roach-Marlton

Notes

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Presentation: © 2025 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the New Jersey Real Estate Commission - License 0901599

Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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