Audubon, NJ 08106,48 W ATLANTIC AVE
Audubon, NJ 08106,48 W ATLANTIC AVE
Audubon, NJ 08106,48 W ATLANTIC AVE
25
$338,000
$334,999
0.9%
Est.Price: ?

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995 Sqft Lot

48 W ATLANTIC AVE Audubon, NJ 08106

Est. payment /mo
SOLD DATE : 09/18/2024

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Key Details

Sold Price $338,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NJCD2073542

Sold Date 09/18/24

Style Other

Originating Board BRIGHT

Year Built 1955

Annual Tax Amount $3,183

Tax Year 2016

Lot Size 995 Sqft

Acres 0.02

Lot Dimensions 16.58 x 60.00

Property Description

Welcome to 48 W. Atlantic Ave, Audubon, NJ, a charming duplex situated in the heart of the town. This property boasts exceptionally low property taxes of just $3,707 annually, making it a standout investment opportunity. Located right off Merchant St, this duplex offers unparalleled convenience with ample parking available in the public lot adjacent to the home. Both units are currently occupied, generating a strong cash flow of $2,400 per month, ensuring a steady and reliable income stream. Each unit features one bedroom and one bathroom, with the first-floor unit having undergone renovations three years ago, including new cabinets, an updated bathroom, and new flooring throughout. The property's prime location allows residents to enjoy the small-town feel while being within walking distance of local shops, restaurants, and community amenities. With its modern updates, stable income, and incredibly low taxes, this duplex is an ideal investment for expanding your portfolio. Both units are currently rented. The lower unit lease is until September 2026. The second-floor lease is until June 30, 2025. The owner is honoring the lease agreements in place.

Location

State NJ

County Camden

Area Audubon Boro (20401)

Zoning RES

Rooms

Basement Full, Unfinished

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Wall Unit

Flooring Wood, Fully Carpeted

Equipment Built-In Range, Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Water Heater

Fireplace N

Appliance Built-In Range, Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Water Heater

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

Utilities Available Cable TV

Waterfront N

Water Access N

Accessibility None

Total Parking Spaces 4

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Audubon Public Schools

Others

Tax ID 01-00066-00005 05

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Suzanne Hoover • Compass New Jersey, LLC - Haddon Township
Bought with Jenna Lynn Whitney • Keller Williams Realty - Marlton

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Urban Nest Realty Group

Broker Associate | License ID: 0225206171

+1(703) 927-0606

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