246 Billings Avenue
246 Billings Avenue
$200,000
6
2
2,128
2,128
$94
Closed 5/13/22
Description
Turn your cash into cashflow! Unique value in Desirable Billingsport. Move fast to see this impressive multi-unit property (plus a bonus lot!) on a quiet street in one of South Jersey's hottest markets. This duplex, consisting of 2, 3 bedroom 1 bathroom, units is currently leased for $2,650/month total with the detached garage capable of generating additional income. Each unit has a main floor, full basement, upstairs, and attic. The current condition is average relative to comparably priced properties...Turn your cash into cashflow! Unique value in Desirable Billingsport. Move fast to see this impressive multi-unit property (plus a bonus lot!) on a quiet street in one of South Jersey's hottest markets. This duplex, consisting of 2, 3 bedroom 1 bathroom, units is currently leased for $2,650/month total with the detached garage capable of generating additional income. Each unit has a main floor, full basement, upstairs, and attic. The current condition is average relative to comparably priced properties and both units are current on their yearly municipal inspections. Multi-family properties in Gloucester County have surged in value over 52% in the past calendar year and there is currently a shortage of rental inventory available. An added feature of this property is a second building lot with a detached garage. This structure can generate additional income or serve as dedicated space for a hobbyist or just additional storage. More ambitious buyers could seek to develop this lot but would need to consult with the appropriate municipal authorities to determine the feasibility of any intended use. You're encouraged to learn more about this opportunity but please do not disturb the current tenants. Only individuals with an approved appointment are permitted to access/walk the property, NO EXCEPTIONS.
Listing Agent
Property Details for 246 Billings Avenue
Tax ID Number
14-00020-00013
OwnershipFee Simple
Structure TypeOther
StyleColonial, Side-by-Side
WaterfrontNo
GarageNo
SubdivisionBILLINGSPORT
SubdivisionBILLINGSPORT (GLOUCESTER NJ)
Location
LISTING UPDATED: 08/30/2022 04:02 AM
Property Details for 246 Billings Avenue
Status | Closed |
---|---|
MLS # | NJGL2007844 |
Days on Market | 94 |
Taxes | $6,225 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1910 |
Lot Size | 0.15 AC / 6,750 SF |
County | Gloucester County |
Location
Building Information for 246 Billings Avenue
Stories-Residences1Year Built1910Building Size-Lot Size0.15 AC / 6,750 SF
Payment Calculator
$1,610 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 246 Billings Avenue
Property History for 246 Billings Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 246 Billings Avenue
This home is within Paulsboro Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 2 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 3 to 6 |
Rating | School | Distance |
---|---|---|
Billingsport Elementary School PublicPK to 2 | ||
Paulsboro Junior High School Public7 to 8 | ||
Paulsboro High School Public9 to 12 | ||
Loudenslager Elementary School Public3 to 6 |
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.
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