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  • $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

    **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.

    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#: NJCD2049060MLS Logo

    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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    Sell for more than others on Zillow

    Get a complimentary Zillow Showcase℠ listing and you could sell for .

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