170 Walnut Avenue

West Berlin, NJ 08091

$315,000
Last Sold Price
Beds
2,224 Sq. Ft.
$142 / Sq. Ft.
2,224
Sq. Ft.
$142
per Sq. Ft.

Description

Multiple offers - Highest and Best Due Tuesday 6/13/23 - 12pm Triplex with GREAT cash flow opportunity. Unit A is currently rented below market value $1,166 with 2 beds and one bath w/ full access to basement for laundry and storage. Unit C is a studio being rented at $750 and Unit B is Vacant, great for first time investor with ability to subsidize their mortgage while renting the other two units out, or listing for area standard at $1,200 minimum! The current rents are in effect until February,...Multiple offers - Highest and Best Due Tuesday 6/13/23 - 12pm Triplex with GREAT cash flow opportunity. Unit A is currently rented below market value $1,166 with 2 beds and one bath w/ full access to basement for laundry and storage. Unit C is a studio being rented at $750 and Unit B is Vacant, great for first time investor with ability to subsidize their mortgage while renting the other two units out, or listing for area standard at $1,200 minimum! The current rents are in effect until February, 1st 2024. Leases are in hand. Keep in mind the future value of this property, for a GREAT price. Tenants are currently not paying any additional rent for access to the basement which is connected via separate access for units A+B. Unit A only has access at the moment for their personal laundry/Storage area. All units are on separate meters for electricity. Owner currently pays water, sewer, gas, taxes and electric for hot water. All other electric is divided out. Leases are in hand for review, just inquire with your agent! There is huge upside potential here. Building is being sold strictly as-is.
  1. Listed by Michaelangelo Amantia • EXP Realty, LLC
    P: 6096727276 soldbyma@gmail.com

Property Details for 170 Walnut Avenue

Tax ID Number
06-00212-00010
Ownership
Fee Simple
Structure Type
Detached
Style
Other
Waterfront
No
Garage
No
Municipality
BERLIN TWP
Central Air
No

Location

Listing Courtesy of EXP Realty, LLC

Sold By EXP Realty, LLC

Add your commute
LISTING UPDATED: 09/06/2023 02:38 PM

Property Details for 170 Walnut Avenue

StatusClosed
MLS #NJCD2049060
Days on Market8
Taxes$6,368 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.19 AC / 8,303 SF
CountyCamden County

Location

Listing Courtesy of EXP Realty, LLC

Sold By EXP Realty, LLC

Add your commute

Building Information for 170 Walnut Avenue

Stories-Residences3Year Built1920Building Size-Lot Size0.19 AC / 8,303 SF

Payment Calculator

$2,250 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,719

Property Taxes

$531

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 170 Walnut Avenue

Location
Location
  • School District Name: BERLIN TOWNSHIP PUBLIC SCHOOLS
  • School District County ID: 300200396985
  • SchoolDistrictSource: Listing Agent
  • County: CAMDEN
  • MLS Area: Berlin Twp (20406)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $165,300
  • Year Assessed: 2022
  • County Tax: $0
  • Improvement Assessed Value: $123,900
  • City Town Tax: $0
  • Land Assessed Value: $41,400
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: R2
  • Tax Lot: 00010
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Units Leased Count: 2
  • Number Of Units Vacant: 1
  • Rent Control: No
Financial Information
Expenses
  • Water Avg Month: $53
  • Water Prev 12 Months: $630
  • Electric Avg Month: $25
  • Electric Prev 12 Months: $299
  • Gas Avg Month: $156
  • Gas Prev 12 Months: $1,877
Financial Information
  • Annual Rental Income: $22,992
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 2,224.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1780389
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Off Street
  • Parking Features: Public
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: NEXUS Association of Realtors
  • List Agent URL: SoldByMichaelangelo.com

Property History for 170 Walnut Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 170 Walnut Avenue

Taxable ValueLand$41,400Additions$123,900Total$165,300
Tax Record2022$6,369 ($531 / month)
Home Facts
Beds0Total Finished SqFt2,224 SqFtAbove Grade Finished SqFt2,224 SqFtStories2Lot Size8,303 SqFtStyleSingle Family ResidenceYear Built1920ZoningR2CountyCAMDENAPN06 00212-0000-00010

Schools near 170 Walnut Avenue

This home is within Berlin Township School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Rating
School
Distance
John F. Kennedy Memorial Elementary School
PublicPK to 3

Dwight Eisenhower Middle School
Public4 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Listing Courtesy of EXP Realty, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.