123 Earl Avenue , 1-5

    GLASSBORO, NJ 08028
    • $525,000
    • STATUS: Active
    • ON SITE: 55 days
    • ID#: NJGL257076
    Price Reduced
    UPDATED: 25 min ago
    $525,000
    • 10
      BEDS
    • 1.13
      ACRES
    • 5
      BATHS
    • 1
      1/2 BATHS
    • 4,496
      SQFT
    • $117
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1989
    County:

    School Information

    Middle School:
    High School:
    School District:

    Description

    *Investor & Developer Alert** This is the ideal investment package for the novice or expert Real Estate Investor. Rents at $1200/mo for the 2bedroom quad units. Owner's single unit should get $1400/mo. Taxes are listed at $13770/yr. Water/sewer bill is approx $1000-1300 per qtr. Owner says units' water/sewer bills can be split with a tool that the township can add at a cost of approx $3000 so that tenants pay own water/sewer. This Great Glassboro investment opportunity is Located just 2 miles from Rowan University, Rowan Blvd & the new Glassboro Town square development & all major shopping centers. Due to COVID-19 and exponential growth -Rowan U needs more housing! This development can be coupled with the seller's neighboring 125 Earl to provide a 9-10 unit private development, then build additional on the lots at the back! 123 Earl is a Wonderful Opportunity to own a 5-6-unit apartment complex featuring a Quad with Four, 2-bedroom units AND a Single Family Home that is a 2-bedroom home over a two-car garage. The garage already has laundry and 1/2 bath that can easily be converted to a full bath. This can become unit #6 - a 2 bdrm 1st flr unit! Situated on a 1+ acre lot, the rear of the lot still has plenty of open space and owner says it can hold another Quad building or possibly 2 more duplex units like those at 125 Earl Ave. Glassboro is experiencing a renaissance with new development everywhere! Retail outlets, new nearby $356-million dollar Inspira Hospital (completed 12/19) adjacent to Rowan's Tech Campus; a new multi-million dollar True North church (opened 3/20) recently built Tech & Medical Campuses at Rowan, New Fine Dining , Casual Eateries , MicroBreweries, & more! (Buyers must perform their own due diligence with township regarding obtaining variances for additional units). AS-IS Sale. Buyer or buyer's rep handle all inspections, certifications and other township or lender requirements for closing. Discount offered to one who purchases both 123 and 125 Earl. No owner financing offered. Do NOT PULL INTO PRIVATE DRIVEWAYS ONTO THE PROPERTY. DO NOT DISTURB TENANTS!

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Century 21 Dale Realty Co. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-05-29T18:50:34.967.
    www.century21dale.com/homes/104783805

    123 Earl Avenue , 1-5 GLASSBORO, NJ 08028

    • Price: $525,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: NJGL257076
    10
    Beds
    5
    Baths
    1
    ½ Baths
    1.13
    Acres
    4,496
    SQFT
    $117
    $/SQFT
    1989
    Built
    Neighborhood:
    Not In Use
    County:
    Gloucester
    Area:
    Glassboro Boro (20806)
    Middle School:
    Glassboro Intermediate
    High School:
    Glassboro
    School District:
    Glassboro Public Schools
    Property Description
    *Investor & Developer Alert** This is the ideal investment package for the novice or expert Real Estate Investor. Rents at $1200/mo for the 2bedroom quad units. Owner's single unit should get $1400/mo. Taxes are listed at $13770/yr. Water/sewer bill is approx $1000-1300 per qtr. Owner says units' water/sewer bills can be split with a tool that the township can add at a cost of approx $3000 so that tenants pay own water/sewer. This Great Glassboro investment opportunity is Located just 2 miles from Rowan University, Rowan Blvd & the new Glassboro Town square development & all major shopping centers. Due to COVID-19 and exponential growth -Rowan U needs more housing! This development can be coupled with the seller's neighboring 125 Earl to provide a 9-10 unit private development, then build additional on the lots at the back! 123 Earl is a Wonderful Opportunity to own a 5-6-unit apartment complex featuring a Quad with Four, 2-bedroom units AND a Single Family Home that is a 2-bedroom home over a two-car garage. The garage already has laundry and 1/2 bath that can easily be converted to a full bath. This can become unit #6 - a 2 bdrm 1st flr unit! Situated on a 1+ acre lot, the rear of the lot still has plenty of open space and owner says it can hold another Quad building or possibly 2 more duplex units like those at 125 Earl Ave. Glassboro is experiencing a renaissance with new development everywhere! Retail outlets, new nearby $356-million dollar Inspira Hospital (completed 12/19) adjacent to Rowan's Tech Campus; a new multi-million dollar True North church (opened 3/20) recently built Tech & Medical Campuses at Rowan, New Fine Dining , Casual Eateries , MicroBreweries, & more! (Buyers must perform their own due diligence with township regarding obtaining variances for additional units). AS-IS Sale. Buyer or buyer's rep handle all inspections, certifications and other township or lender requirements for closing. Discount offered to one who purchases both 123 and 125 Earl. No owner financing offered. Do NOT PULL INTO PRIVATE DRIVEWAYS ONTO THE PROPERTY. DO NOT DISTURB TENANTS!
    Exterior Features

    Architectural Style Other Construction Materials Aluminum Siding Exterior Features Secure Storage Garage YN No Lot Features Backs To TreesLevelPrivatePartly Wooded Other Structures Above GradeBelow Grade Parking Features Asphalt DrivewayPaved DrivewayPaved ParkingPrivate Parking Types On StreetParking Lot Pool No Pool Property Condition Average Riparian Rights YN No Road Responsibility Private Road Surface Type Black Top Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 4496 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/CWall Unit Exclusions Tenants' Personalty Fireplaces Total 0 Furnished No Heating Forced Air Heating YN Yes Levels 2 Main Level Bedrooms 0 Upper Level1 Bedrooms 6

    Property Features

    Acceptable Financing ContractConventional Accessibility Features None Assessment Year 2019 Association YN No Central Air YN Yes Condo YN No Cooling Fuel Electric Cross Street Rt 47 Electric 100 Amp Service Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Incorporated City Name Glassboro Boro Lease Considered YN No Navigable Water YN N New Construction YN No Original MLSNumber 304084997782 Ownership Interest Fee Simple Possession 61-90 Days Cd Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Other Tax Annual Amount 13770.00 Tax Assessment Amount 388000.00 Tax Lot 00028 01 Total Actual Rent 74400.00 Utilities Cable Tv Vacation Rental YN No Water Average Monthly 333 Water Last12 Months 3996.00 Water Source Public Zoning R5 Zoning Description Residential

    Listing courtesy of Vanguard Realty Group Inc.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Century 21 Dale Realty Co. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-05-29T18:50:34.967.
     
    Century 21 Dale Realty Co
    360 Loucks Road
    York PA, 17404