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16 McClelland Avenue, Pitman, NJ 08071

$305,000

  • For Sale
  • Active
  • Multi-Family
  • 2 Car Garage
  • Updated 10 days ago
16 McClelland Avenue, Pitman, NJ 08071View this property at 16 McClelland Avenue, Pitman, NJ 08071
16 McClelland AvenuePitmanNJ08071
Property Description
Here is an Excellent Opportunity to own a very well maintained turn key Investment Property in one of South Jersey's newly developing Downtown Area! Broadway Theatre, 2 Craft Breweries, Bakeries and Restaurants make this a local attraction that is all within walking distance. Many other shops and public transportation too!. This Building consists of 4 One Bedroom Apartments and an attached 2 Car Garage. The total available income is $47,400 with Expenses of $13,616. This leaves you with a Net Return of over $33,000 per year. That is an awesome return and guess what the building is ready to go with everything being maintained whenever necessary. Each Unit has separate Electric Meters that even includes their Washer/Dryer Hookups and Storage
Cage in the basement. That's right each unit has a separate storage area in the basement that allows them to lock up bikes, seasonal decorations or whatever they need. Every unit also has a separate Laundry Hookup in the basement so that they do not have to seek an outside laundromat. The plumbing has all been updated with Pex Lines that run to each fixture. Off Street Parking is also available for the tenants use. The owner has all of the required documentation including State of NJ 5 Year Inspection Certificate, Annual Pitman Inspection, Fully Wired Basement Fire Alarm System with Monitoring (Required), Knox Box for Fire Department Access (Required). If you are looking for an investment that is ready to go opportunity is knocking!

Full Property Details for 16 McClelland Ave

General

  • Price: $305,000
  • Taxes: $8,156 (2017)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 1003279991
  • Updated: 8/10/2018
  • Added: 314 day(s) ago

Business

  • Includes: Land Only

Rooms

Other Rooms

  • Laundry: Hookup

Exterior

  • Exterior Features: Sidewalks, Street Lights

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 6
  • Parking Type: Attached Garage
  • Other Parking Total: 4

Location

  • Area: Pitman Boro (20815)
  • County: Gloucester
  • Development Name: None Available
  • Subdivision: None Available
  • Cross Streets: Broadway

School Information

  • School District: Pitman Boro Public Schools
  • Middle School: Pitman
  • High School: Pitman

Heating & Cooling

  • Cooling Type: Wall Unit
  • Heating Type: Gas, Hot Water, Baseboard
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Water/Sewer: 1200
  • Utility Description: Cable TV Available

Structural Information

  • Architectural Info: Other
  • Structure Type: Detached
  • Construction: Stucco, Other
  • Basement: Yes
  • Basement Entrance: Yes
  • Basement Desc.: Full, Unfinished, Outside Entrance
  • Foundation: Brick/Mortar
  • Roof: Flat
  • Storage: Basement
  • Stories/Levels: 0
  • Year Built: 1930
  • Year Built Source: Estimated
  • Property Condition: Average+Prop

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 7,134
  • Lot Dimensions: 82 x 87
  • Zoning: MULTI

Financial Considerations

  • Price Per Sq. Ft.: $139.91
  • Annual Heat Cost: $1,300
  • Tax w/Assessment: $194,200
  • Tax Amount: $8,156
  • Tax Year: 2017

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • Lot Number: 19

Listed by Weichert Realtors-Mullica Hill, Edward English

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Schools

Schools serving 16 McClelland Ave

School District:Pitman Boro Public Schools
Score
Name
Grades
Distance
3
400 Hudson Ave, Pitman, NJ 08071
PK-5
0.3 mi
4
138 East Holly Ave, Pitman, NJ 08071
6-8
0.4 mi
4
225 Linden Ave, Pitman, NJ 08071
9-12
0.6 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 16 McClelland Ave Get Price Alerts

Date
Details
Price
Change
Source
8/10/2018
Price Reduced
$305,000
-6.15%
MLS
10/10/2017
Listed
$325,000
63.32%
MLS
3/31/2010
Sold
$199,000
Public Record
3/31/2010
Sold
$199,000
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 16 McClelland Ave

Listed by Weichert Realtors-Mullica Hill, Edward English

16 McClelland Avenue, Pitman, NJ 08071 (MLS# 1003279991) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 16 McClelland Avenue is currently listed for $305,000 and was received on October 10, 2017. Want to learn more about 16 McClelland Avenue? Do you have questions about finding other Multi-Family real estate for sale in Pitman? You can browse all Pitman real estate or contact a Coldwell Banker agent to request more information.