101 2nd St, Swedesboro, NJ 08085

$350,000
: 1,775
SqFt

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List Price: $350,000
Price Change: ▼ $5,000 1786570761
Days on Market: 99
Status: ACTIVE
MLS#: NJGL2074502
Living Area: 1,775
Lot Size (Acres): 0.18
Style: Other
Year Built: 1950
County: Gloucester
School District: Kingsway Regional High

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Property Description

INVESTMENT OPPORTUNITY - Outstanding duplex opportunity in the heart of Swedesboro, ideal for both investors and owner-occupants. The first-floor unit features 3 bedrooms and 1 full bath and is currently occupied and rented for $1,286 per month on a MTM lease, providing immediate rental income, while the vacant upper unit offers a cosmetically renovated 1-bedroom, 1-bath layout ready for its next occupant. Adding to the property's income potential, the current HUD Fair Market Rent for a 3-bedroom unit in ZIP code 08085 is $2,850 per month. Live in the updated upstairs unit and let the existing rental help offset your mortgage, or maximize cash flow by leasing both units for a fully income-producing investment. Schedule your showing today!

609-400-3035

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Additional Information

Area: Swedesboro Boro (20817)
Taxes: $6,480
Heating: Forced Air
Cooling: Central A/C
Water: Public
Sewer: Public Sewer