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Investment property Duplex with garages 604 Walnut St

2 Unit Apartment Building $345,000 ($172,500/Unit) Delanco, NJ 08075

Apartment Buildings New Jersey Delanco 604 Walnut St, Delanco, NJ 08075

Investment Highlights

  • Great Investment
  • Great income
  • Quiet Neighborhood

Executive Summary

Excellent Investment opportunity
Duplex
quiet neigbhorhood

Property Facts

Price $345,000 Building Class C
Price Per Unit $172,500 Lot Size 0.17 AC
Sale Type Investment Building Size 2,136 SF
No. Units 2 Average Occupancy 100%
Property Type Multifamily No. Stories 3
Property Subtype Apartment Year Built/Renovated 1970/2021
Apartment Style Low Rise Parking Ratio 1.87/1,000 SF
Price $345,000
Price Per Unit $172,500
Sale Type Investment
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.17 AC
Building Size 2,136 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1970/2021
Parking Ratio 1.87/1,000 SF

Unit Amenities

  • Air Conditioning

Site Amenities

  • 24 Hour Access

About 604 Walnut St , Delanco, NJ 08075

Excellent investment opportunity in quiet neighborhood walking distance to the river line located in Delanco. Well maintained Duplex with two garages in the rear of the property. Large units with separate entrances, washer/ dryers, eat in kitchens, wood floors throughout, full basement, newer hot water heater, separate electric utilities. Driveway on side leads to two car garage that was being rented for $220/month for extra income. The Second floor apartment is a legal 2 bedroom unit but has 3rd bedroom on upper level. Tenants take care of snow, trash and lawn. Newer roof and completely renovated first floor apartment among other upgrades throughout. Great investment opportunity with long term tenants and good upside potential with rents and garages. Property shows well and would be great to add to your portfolio. $29,640 total income/ year Call for details and tour.

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zoning

Zoning Code SFR (Single Family Residence)
SFR (Single Family Residence)
(856) 810-5712

  • Listing ID: 17534132

  • Date on Market: 10/23/2019

  • Last Updated:

  • Address: 604 Walnut St, Delanco, NJ 08075

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Investment property Duplex with garages | 604 Walnut St
(856) 810-5712 x

Investment property Duplex with garages | 604 Walnut St

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Jason Benstead

(856) 810-5712

(856) 810-5712

Dawn Varallo

(856) 810-5714

(856) 810-5714

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