About 202 Foundry St
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.
Features of 202 Foundry St
| MLS® # | NJBL2092754 |
|---|---|
| Price | $900,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,888 |
| Acres | 0.06 |
| Year Built | 1940 |
| Type | Multi-Family |
| Sub-Type | Quad, Other |
| Style | Other |
| Status | Active |
Community Information
| Address | 202 Foundry St |
|---|---|
| Area | Florence Twp (20315) |
| City | FLORENCE |
| County | BURLINGTON-NJ |
| State | NJ |
| Municipality | FLORENCE TWP |
| Zip Code | 08518 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Baseboard - Hot Water |
|---|---|
| Cooling | Central A/C |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Brick and Siding |
|---|
School Information
| District | FLORENCE TOWNSHIP PUBLIC SCHOOLS |
|---|
Additional Information
| Zoning | MULTIFAMILY |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | BHHS Fox & Roach-Marlton |
|---|---|
| Contact Info | 8568105300 |