412-414 POWELL ST Pending

Gloucester City,NJ 08030

$ 475000

- Bed

- Bath

3392 SqFt


Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 3,392 sqft

Price per Sqft $140

Subdivision Normandy Hamlets

MLS Listing ID NJCD2076912

Style Straight Thru

Year Built 1880

Annual Tax Amount $9,860

Tax Year 2024

Lot Size 3,598 Sqft

Property Description

Take over this cash-flowing quadraplex in the heart of Gloucester City, a commuter?s dream location. Each of the four units features 2 bedrooms, 1 bathroom, a spacious living room, and an eat-in kitchen, offering comfortable layouts ideal for renters. Currently bringing in $5,475/month, the rent roll is as follows:

412A: $1,400/mo; $2,100 dep; Thru 8/31/25.
412B: $1,500/mo; $2,250 dep; Thru 8/31/25.
414A: $1,175/mo; $1,387.50 dep; Month-to-month.
414B: $1,400/mo; $2,100 dep; Thru 8/31/2025.

The property has been recently renovated, ensuring low maintenance for the new owner. Currently fully occupied, this investment generates consistent income and has value-add opportunities. Whether you're expanding your portfolio or looking for your first income property, this turnkey quadplex is an excellent opportunity. Don't miss out!

Location

State NJ

County Camden

Area Gloucester City (20414)

Zoning RESIDENTIAL

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling None

Exterior

Waterfront N

Water Access N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Gloucester City Schools

Others

Special Listing Condition Standard

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