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Fully Occupied 4-Unit Multifamily Property! 17 Swathmore Ave 4 Unit Apartment Building $385,000 ($96,250/Unit) Gloucester City, NJ 08030
EXECUTIVE SUMMARY
Excellent investment opportunity in Gloucester City, NJ. Conveniently located minutes from several major bridges and I-295 for easy access to Philadelphia. 17 Swathmore Ave has four fully occupied rental units with long-term tenants on month to month leases. Three 2-Bedroom units & one 1-Bedroom unit, all well-maintained with upgrades throughout. A newly installed roof and mechanical systems provide low maintenance for this property. Onsite parking is available, with additional street parking for convenience. This property offers a great opportunity for a new owner with significant upside.
Contact Jonathan Benstead at (856)465-9573
Contact Jonathan Benstead at (856)465-9573
PROPERTY FACTS
| Price | $385,000 | Lot Size | 0.11 AC |
| Price Per Unit | $96,250 | Building Size | 2,752 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment | Parking Ratio | 1.82/1,000 SF |
| Building Class | C | ||
| Zoning | Multifamily | ||
| Price | $385,000 |
| Price Per Unit | $96,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 2,752 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 1.82/1,000 SF |
| Zoning | Multifamily |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 3 | - | - |
1 1
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Fully Occupied 4-Unit Multifamily Property! | 17 Swathmore Ave
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