$400,000

26 WILMER STREET, Glassboro, NJ 08028

  • 2,466 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1850
  • Property Lot Size Icon0.37acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $162/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

AS IS- Calling all Investors! Multi-Family Property with Steady Rental Income Looking for a solid income-generating property in a growing area? 26 Wilmer St in Glassboro offers a fantastic multi-family opportunity with two fully rented units and a detached garage also generating rental income. TOP UNIT-This spacious 4-br, 1-bath unit is currently rented to a long-term tenant on a month-to-month lease. Full attic for storage. Current Rent is $1,060. Rent is being increased to $1,160 on July 1. BOTTOM UNIT-The 3-br, 1-bath bottom unit also offers great rental potential. This unit includes a full basement, providing additional storage or potential for future improvements. Like the top unit, the bottom unit is also currently rented. Current Rent is $1,300. Rent is being increased to $1,500. On July 1. The tenants are happy to stay, making this a turnkey investment opportunity with immediate rental income. A detached garage on the property is rented separately, (Garage Rent is $175.00) providing additional income to the owner. This adds another stream of revenue to the property, enhancing its appeal as a reliable investment. This property is being sold AS-IS .. (Inspections are for informational purposes only)and is ideal for investors seeking a steady cash flow with room for future appreciation. Conveniently located in Glassboro, this property is just a few blocks from Rowan University, local shopping, dining, and entertainment. The location is highly desirable for both students and faculty, ensuring continued demand for rental units. With easy access to Route 55, commuting to surrounding areas or Philadelphia is a breeze.

Listing Status:
Active
Listing Office:
Keller Williams Realty - Washington Township : 8565821200
Listing Agent:
Monica L Francesco : 8569819233
MLS ID:
NJGL2056510
  • A/C: Window Unit(s)
  • Heating: YBaseboard - ElectricRadiatorForced AirNatural Gas
  • Disability Feature: None

This listing courtesy of Monica L Francesco, Keller Williams Realty - Washington Township

Monthly Payment

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

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Location

Schools Nearby

D

Dorthy L. Bullock School

370 New St E, Glassboro, NJ, 08028

Grades 1-3

0.84 miles away

G

Glassboro Intermediate School

202 Delsea Dr N, Glassboro, NJ, 08028

Grades 7-8

0.57 miles away

G

Glassboro High School

560 Joseph L Bowe Blvd, Glassboro, NJ, 08028

Grades 9-12

1.12 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.

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