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221 Wyoming Ave, Audubon, NJ 08106

$170,500

  • Sold
  • Closed
  • Multi-Family
  • 5 Total Beds
221 Wyoming Ave, Audubon, NJ 08106 View this property at 221 Wyoming Ave, Audubon, NJ 08106
221 Wyoming Ave Audubon NJ 08106

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Property Description

This is a great opportunity to tae your landlord off the payroll...$5,000 Credit for Closing Costs...The seller is offering a $5,000 credit towards the buyer's closing costs.$5,000 Credit for Closing Costs?.Audubon Duplex with established good tenants, great location current leases in place are as follows, 221B $1275 per month, 221A $1,000 per month. This duplex provided great cash flow with a total gross monthly income of $2275 and a gross rent multiplier of 7.41% and a Cap Rate of 11.97% Annual rent of 27,240 generating positive cash from day one with long term tenants that want to stay. The 2nd floor tenant lease has a 60 day notice termination clause. so with 60 days notice that unit could be owner occupied. This is a true positive
cash flow "Cash Cow".Over the last 12 monthsIn the last 3 months the owner has installed new heaters, a new roof, new baths in each unit, updated the entire electrical system, updated the plumbing systems...$5,000 Credit for Closing Costs...The seller is offering a $5,000 credit towards the buyer's closing costs.$5,000 Credit for Closing Costs?.

Full Property Details for 221 Wyoming Ave

  • Sold For: $170,500
  • Taxes: $6,923 (2014)
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: 6529907
  • Added: 1, 040 day(s) ago

Property History

  • 221 Wyoming Ave, Audubon, NJ
  • Sold at $170,500 on 8/28/15
  • Reduced to $175,000 on 4/29/15
  • Listed at $190,000 on 3/6/15

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 5

Parking

  • Parking: 3 Car Parking, Driveway/Off-Street

Location

  • Area: Audubon Boro
  • County: CAMDEN
  • Subdivision: None Available

School Information

  • High School: AUDUBON H.S.

Heating & Cooling

  • Heating Type: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Year Built: 1939

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Dimensions: 50 x 150

Financial Considerations

  • Tax Amount: $6,923
  • Tax Year: 2014

Listed by RE/MAX Preferred-Marlton
Sold by Lichtman Associates Real Estate, LLC

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221 Wyoming Ave, Audubon, NJ 08106 (MLS# 6529907) is a Multi-Family property that was sold at $170,500 on August 28, 2015. Want to learn more about 221 Wyoming Ave? Do you have questions about finding other Multi-Family real estate for sale in Audubon? You can browse all Audubon real estate or contact a Coldwell Banker agent to request more information.

Listed by RE/MAX Preferred-Marlton
Sold by Lichtman Associates Real Estate, LLC

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