201 Powelton Ave, Oaklyn, NJ 08107

$155,000
1,880
SqFt
List Price
$155,000
Closing Date
Sep 30, 2021
Days on Market
52
Status
ACTIVE UNDER CONTRACT
MLS#
NJCD2003508
Living Area
1,880
Lot Size (Acres)
0.14
Style
Other
Year Built
1900
County
Camden
School District
Collingswood Borough Public Schools

Property Description

The property is back on the market because the Buyer did not fulfill the Commitment!!!! The CO is completed. The property is ready for a Quick Close. The home inspection is for the Buyer's information only. Therefore, the Seller does NOT have an Inspection Report. This is a great investment opportunity, with 1 Unit of 3 Bedrooms and 1 Bath, while the second Unit boasts of 4 Bedrooms and 1 Bathroom. Both units are occupied by long-term Tenants who plan to stay. The Tenants in Unit A have been there for 12 years, while those in Unit B have been there for 3 years and counting. Both Tenants are on Annual Leases, through July 2021 and April 2021, respectively. The Tenant in Unit B occupies 2 Levels. Level 2 has 2 Bedrooms, a Kitchen and a Bathroom. Level 3 has additional 2 Bedrooms. All of the Bedrooms have Closets and Windows. This Unit also has a Laundry hookup. The property has a Full Basement. A New Roof was installed in 2019 and the Kitchen in Unit A was totally upgraded in the same year. All the Utilities are separate, except for the Water. The Gross Income on this property is $27,600 at present, with lots of room for increase, with an updated Rental. Unit A pays $1,100 monthly, but the Area commands $1,300 monthly. Unit B pays $1,200 monthly, but the Area commands $1,600 monthly. . Unit B is NOT available to be shown, however, it will be made available for a Home Inspection. There is a long, expanded Driveway next to the property, that belongs to the property.

Additional Information

Area
Woodlynne Boro (20437)
Subdivision
Oaklyn Manor
Taxes
$8583
Stories
3
Interior Features
2nd Kitchen
School District
Collingswood Borough Public Schools
Flooring
Carpet, Ceramic Tile, Hardwood, Fully Carpeted
Heating
Forced Air, Baseboard - Hot Water
Heating Fuel
Natural Gas
Cooling
Wall Unit
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass New Jersey, LLC.

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