123 W Buck St, Paulsboro, NJ 08066

$247,000
4
BD
1
BA
1,620
SqFt
List Price
$247,000
Days on Market
48
Status
ACTIVE
MLS#
NJGL2034340
Bedrooms
4
Bathrooms
1
Full Baths
1
Living Area
1,620
Lot Size (Acres)
0.18
Style
Bungalow
Year Built
1920
County
Gloucester
School District
Paulsboro Public Schools

Property Description

🏡 Versatile Investment or Family Home Opportunity 🏡 Property is now vacant! Welcome to 123 W Buck St, Paulsboro, NJ, a unique property that offers a world of possibilities. This spacious residence with four bedrooms and one bathroom is available in its current "as is" condition, making it a versatile choice for both investors and owner-occupants. For investors, it presents a golden opportunity with a reliable rental income stream, boasting an approximate Cap Rate of 7.12% (factoring in annual taxes of $4,126) and potential for increased returns through unit upgrades. Situated on a double-sized lot, there's exciting potential to explore further. The possibility of splitting the lot into two properties exists, but due diligence for this endeavor is the responsibility of the buyer. As a owner occupied home, this property is in a conveniently located neighborhood, promising quick access to major highways and local roads alike, while also being close to local retail and restaurants. Its well-maintained interior provides a blank canvas for you to make it your own. Whether you're looking to invest or find a place to call home, don't miss the chance to explore all that this property has to offer. Photos were taken prior to the current tenant moving in.

Additional Information

Area
Paulsboro Boro (20814)
Subdivision
None Available
Taxes
$4126
School District
Paulsboro Public Schools
Heating
Central
Heating Fuel
Oil
Cooling
None
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Hometown. Contact: (856) 241-4343

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