**Multiple offers - Highest and Best Due Tuesday 6/13/23 - 12pm** Triplex with GREAT cash flow opportunity. Unit A is currently rented below market value $1,166 with 2 beds and one bath w/ full access to basement for laundry and storage. Unit C is a studio being rented at $750 and Unit B is Vacant, great for first time investor with ability to subsidize their mortgage while renting the other two units out, or listing for area standard at $1,200 minimum! The current rents are in effect until February, 1st 2024. Leases are in hand. Keep in mind the future value of this property, for a GREAT price. Tenants are currently not paying any additional rent for access to the basement which is connected via separate access for units A+B. Unit A only has access at the moment for their personal laundry/Storage area. All units are on separate meters for electricity. Owner currently pays water, sewer, gas, taxes and electric for hot water. All other electric is divided out. Leases are in hand for review, just inquire with your agent! There is huge upside potential here. Building is being sold strictly as-is.
Sold
$315,000
170 Walnut Ave, West Berlin, NJ 08091
4beds
--baths
2,224sqft
Triplex
Built in 1920
-- sqft lot
$372,700 Zestimate®
$142/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: September 06, 2023 at 07:38am
Listed by:
Michaelangelo Amantia 609-672-7276,
EXP Realty, LLC
Bought with:
Harry Malapetsas
EXP Realty, LLC
Source: Bright MLS,MLS#: NJCD2049060

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,224
- Total interior livable area: 2,224 sqft
Property
Parking
- Parking features: Public, Off Street
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 8,303 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 060021200010
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Triplex
Materials
- Frame, Brick
- Foundation: Concrete Perimeter, Block
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: West Berlin
- Municipality: BERLIN TWP
HOA & financial
Other financial information
- Total actual rent: 22992
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Contract,Conventional,FHA,VA Loan
- Ownership: Fee Simple
Services availability

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$372,700
2% more+ $7,454
With Showcase(estimated)
$380,154