518 Race Street, Palmyra, NJ 08065
- $265,000
- 1,920
- SqFt
- Sold Price
- $265,000
- List Price
- $265,000
- Closing Date
- Jun 13, 2024
- Days on Market
- 15
- Status
- CLOSED
- MLS#
- NJBL2060194
- Living Area
- 1,920
- Lot Size (Acres)
- 0.09
- Style
- Victorian
- Year Built
- 1910
- County
- Burlington
- School District
- Palmyra Borough Public Schools
Property Description
NOW VACANT - buyer financing fell thru! Offers due by 6/11 5pm. Spacious corner property ideal for house hacking, live in one unit, rent the other to offset your mortgage. Great income property located in Palmyra, one of NJ’s Opportunity Zones. Invest now with tax saving opportunities. Solid Duplex with a first floor spacious 3 bedroom 1 bath, to be delivered vacant with rental potential of $1850 + per month. Second floor unit, 2 Bed 1 bath, potential $1600+ . Some major components updated within the last few years like roof, and parging in the basement, gas heat unit completely rebuilt. Some cosmetics will allow this property to max out on market rental rates. Quiet residential neighborhood with oversized wood deck for tenant’s enjoyment, spacious rear yard and covered carport. As-is sale, buyer responsible for twp CO transfer.
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Additional Information
- Area
- Palmyra Boro (20327)
- Subdivision
- None Available
- Taxes
- $6,228
- Exterior Features
- Exterior Lighting
- Heating
- Baseboard - Electric
- Cooling
- Window Unit(s)
- Roof
- Asphalt, Flat
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Century 21 Veterans-Newtown. Contact:
Selling Office: .