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  • $575,000

    20 W 2nd Ave, Runnemede, NJ 08078

    7beds
    7baths
    3,000sqft
    Multi Family
    Built in 1930
    -- sqft lot
    $625,700 Zestimate®
    $192/sqft
    $-- HOA

    What's special

    INCREDIBLE MULTIFAMILY OPPORTUNITY - x7 Fully Occupied 1 Bedroom/1 Bathroom Units!!! Overflowing with potential to add value by billing back utilities increasing to market rents. Seller passed New Jersey DCA hotel & multiple dwellings inspection less than a year ago! Cycles generally last 5 years, so the property should not require re-inspection for some time. Shared coin-operated laundry in basement & private parking with paved driveway! Unit 1 is currently being rented for $950/mo thru 3/31/25. Unit 2 is currently being rented for $771/mo on a month to month lease. Unit 3 is currently being rented for $975/mo thru 8/31/24. Unit 4 is currently being rented for $903/mo on a month to month lease. Unit 5 is currently being rented for $1,013/mo on a month to month lease. Unit 6 is currently being rented for $1,050/mo thru 2/28/25. Unit 7 is currently being rented for $880/mo thru 3/31/24. Schedule a tour TODAY - you won't want to miss this opportunity!

    Zillow last checked: 7 hours ago

    Listing updated: May 07, 2024 at 03:53am

    Listed by:

    Patrick Gorman 856-200-8320,

    Keller Williams - Main Street

    Bought with:

    Nicholas Raio, 2299650

    Penzone Realty

    Source: Bright MLS,MLS#: NJCD2064862MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 7
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Parking features: Asphalt, Driveway
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 7,200 sqft
    Details
    • Additional structures: Above Grade
    • Parcel number: 300004500010 01
    • Zoning: RESID
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Brick/Mortar
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Runnemede
    • Subdivision: Runnemede Gardens
    • Municipality: RUNNEMEDE BORO

    HOA & financial

    Other financial information
    • Total actual rent: 86700

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Ownership: Fee Simple
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more than others on Zillow

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

    $625,700
    2% more+ $12,514
    With Showcase(estimated)
    $638,214