1. New Jersey
  2. Florence
  3. 202 FOUNDRY ST
$900,000

202 FOUNDRY ST, Florence, NJ 08518

  • 3,888 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $231/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

Investor Alert - Property was sold, but buyer's 1031 exhange fell through. Brand new, completely rebuilt 4-unit multifamily property! This FULLY occupied 4-unit Multifamily property in Florence, NJ at 202 Foundry Street presents an excellent investment opportunity. The property features four rental units with long-term tenants, offering one 3-Bedroom unit; one 2-Bedroom unit; & two 1-Bedroom units. Conveniently located near I-295 and the NJ Turnpike, it provides easy access to Philadelphia and New York City. Completely rebuilt property in 2021, including structure/framework, new roof, windows, mechanicals, and significant upgrades throughout each unit. With an Annual Rental Income exceeding $85,000, this property is a profitable investment for buyers seeking stable income. Ideal for seasoned investors or those starting their real estate portfolio, this property offers passive income and wealth-building potential. Don't miss out on owning this fully occupied Multifamily property in a prime location.

Listing Status:
Active
Listing Office:
BHHS Fox & Roach-Marlton : 8568105300
Listing Agent:
Jonathan Zachary Benstead : 8564659573
MLS ID:
NJBL2092754
  • A/C: Central A/C
  • Heating: Baseboard - Hot WaterNatural Gas
  • Disability Feature: None

This listing courtesy of Jonathan Zachary Benstead, BHHS Fox & Roach-Marlton

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Florence Riverfront School

500 E Front St, Florence, NJ, 08518

Grades 4-8

1.11 miles away

F

Florence Riverfront School

500 E Front St, Florence, NJ, 08518

Grades 4-8

1.11 miles away

F

Florence Township Memorial High School

1050 Cedar Ln, Burlington, NJ, 08016

Grades 9-12

2.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.