1108 N Delaware Street
Paulsboro, NJ 08066
- – beds
- – baths
- 1,632 sqft
- 1,476 sqft lot
- $152 per sqft
- 1967 build
**Incredible Multi-Use Investment Property!** Fully Renovated. Can Print $$ for twenty years. Listed at $249,000, this must-see property offers endless potential for investors and delivers a **strong cap rate of approximately 13.2%!** **Property Details:** - **First Floor:** Features a versatile commercial space, perfect for business ventures, along with a cozy one-bedroom residential unit in the rear. - **Second Floor:** Includes a spacious two-bedroom apartment, ideal for comfortable living or generating additional rental income. - **Utilities:** Equipped with separate electric meters for added convenience and ease of management. - **Rental Income:** All three units are currently rented, providing consistent income: -One Bedroom first floor : $1,450/month -One Bedroom second floor $1,250/month -Commercial : $700/month **Key Highlights:** - Fully rented, ensuring immediate and reliable cash flow. - Offers a blend of commercial and residential spaces, making it ideal for diverse investment strategies. - Perfect for living, working, or investing all under one roof. **Important Note:** A tenant currently resides on the property. Please be respectful and kind when scheduling viewings. Don’t miss this amazing opportunity to own a multi-use property with excellent income potential. Contact us today to learn more or schedule a showing!
Last checked:
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Last updated Dec 27, 2024
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MLS# NJGL2047252 —
The Building
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Year Built:1967
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Year Built Source:Estimated
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New Construction:No
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Construction Materials:Block
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Building Units Total:3
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Structure Type:Detached
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Architectural Style:Other
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Accessibility Features:None
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Foundation Details:Concrete Perimeter
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Basement:Yes
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Basement Type:Partial
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:1632
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1632
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Living Area SqFt:1,632 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Immediate
Location
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Directions:Use GPS
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Cross Street:WASHINGTON
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Latitude:39.83209000
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Longitude:-75.24159000
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Location Type:Downtown
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Lot Size Units:Square Feet
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Lot Size Acres:0.03
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Lot Size Source:Assessor
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Lot Size Dimensions:18.00 x 82.00
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Lot Dimensions Source:Assessor
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Lot SqFt:1,476 Sqft
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Zoning:MIXED
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (917) 583-7439
- Office phone:
- (856) 321-1212
Taxes
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Tax ID Number:14-00079-00003
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Tax Year:2024
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Tax Lot:00003
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Tax Annual Amount:$2,908
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Tax Assessed Value:$66,100
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Year Assessed:2024
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Total Taxes Payment Frequency:Annually
The Listing
Heating & Cooling
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Cooling Type:Wall Unit
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Central Air:No
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Cooling Fuel:Electric
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Heating Type:None
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Heating Fuel:None
Utilities
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Utilities:Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available, Under Ground
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Sewer/Septic:Public Sewer
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Electric Service:200+ Amp Service
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:Paulsboro Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:Off Site
Extra Units
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Vacation Rental:No
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One Bedroom Units:1
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Two Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/22/24
Oct 22, 2024
|
Price Changed | BRIGHT | $249,000 | -9.5% |
|
10/1/24
Oct 1, 2024
|
Price Changed | BRIGHT | $275,000 | -6.8% |
|
9/9/24
Sep 9, 2024
|
Listed / Active | BRIGHT | $295,000 |
