$400,000
$399,000
0.3%For more information regarding the value of a property, please contact us for a free consultation.
1,430 SqFt
SOLD DATE : 12/06/2024
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,430 sqft
Price per Sqft $279
MLS Listing ID NJCD2077070
Sold Date 12/06/24
Style Other
Abv Grd Liv Area 1,430
Originating Board BRIGHT
Year Built 1924
Annual Tax Amount $6,962
Tax Year 2023
Lot Size 5,750 Sqft
Acres 0.13
Lot Dimensions 50.00 x 115.00
Property Description
Charming Duplex with Conversion Potential in Prime Location – Perfect for Investors or Families!
Welcome to 106 Congress Avenue, a unique duplex that offers incredible versatility! Whether you're an investor looking for a rental property or a homeowner seeking to create your dream single-family home, this property has you covered.
This property features two well-maintained units - 1st floor unit rented through end of November, 2024 for $1995 per mo. Tenants plan to move out. 2nd floor unit rented through to March 31, 2025 - rent $1195, ensuring immediate rental income for the new owner. There is also a generous sized yard with a stand-alone garage for extra storage.
Property Features:
Unit 1: First level, 2 Bedroom/1 bath, Spacious Living Area, Updated Kitchen and bath, Luxury Vinyl Tile flooring, sunroom- perfect for home office, washer/dryer in basement, separate driveway- room for 2 cars.
Unit 2: Upper level, 1 bedroom/1 bath, Cozy Living Space, separate driveway with room for one car.
Located in a desirable neighborhood, this duplex is close to schools, parks, shopping, and public transportation, making it an attractive option for tenants. The property has been well cared for, with recent updates to the interior, ensuring low maintenance for years to come.
Whether you're a seasoned investor or looking to start your real estate portfolio, 106 Congress Avenue is a solid investment with strong rental income potential. Don't miss out on this rare opportunity!
Solar Panels installed 2021 (lease to own) help maintain lower electricity costs - a benefit for the tenants! Cost is $105 per month. Solar is for first level unit only, does not apply for upstairs unit. Landlord pays for oil and water. Tenant pays electric and gas.
Both units are tenant occupied. Please contact listing agent for appointments. I will do my best to get confirmations as quickly as possible from the tenants but please allow for ample notice.
Hurry- this one won't last!
Location
State NJ
County Camden
Area Oaklyn Boro (20426)
Zoning R
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Fireplace N
Heat Source Oil
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Collingswood Public Schools
Others
Tax ID 26-00039-00002
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Vincent Capriotti • Prime Realty Partners
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Broker-Owner | Lic# RM423246