113 Glassboro Rd, Williamstown, NJ 08094

This Duplex has been in the same family of landlords since 1974. The first floor is a very large 3 bedroom, 2 full bath unit. The existing tenant has been living there for approximately 25 years and is currently paying $1321 per month. The unit upstairs has 2 bedrooms and 1 full bath and is currently rented for $1066 per month. This tenant has been there for approximately 4 years. The upstairs unit was renovated in 2018 with new floors, kitchen and bathroom. Both units pay their own separate gas, electric and hot water. Both of these units have a washer dryer hook up for good tenant retention. There is also a 2 car garage on the property with a new door installed and is currently renting for $150 per month. The large wooded property has plenty of spacious parking for all of the tenants. Both units are Section 8 approved. If these two units were to be rented at the current Section 8 rates for Williamstown they would bring in $3456 per month. If you add that with the monthly rent for the garage, the total would be $3606 per month. Taxes, water and sewer and insurance currently come to $722 per month. Do the math and come take a look for yourself!