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  • $500,000

    48 State St, Glassboro, NJ 08028

    8beds
    4baths
    1,888sqft
    Quadruplex
    Built in 1900
    -- sqft lot
    $530,600 Zestimate®
    $265/sqft
    $-- HOA

    What's special

    This is a turnkey investments property that is fully rented until June of 2023 located in an OPPORTUNITY ZONE! This 4 Unit brings in a high income and has an impeccable rental history. For the past decade it has been fully rented. Along with being in an opportunity zone, it is also located right next to the Rowan Boulevard redevelopment project which makes it a desirable to all different types of tenants including Rowan University students. The property consists of two building each with two units. There is a large parking area that provides plenty of convenient spots for every unit. The tenants pay for all utilities except the public Water/Sewer bill. Owner has supplies detailed records of the rental history as well and property information. Will need 24 hours notice for showings.

    Zillow last checked: 7 hours ago

    Listing updated: April 06, 2023 at 09:24am

    Listed by:

    Elizabeth Quam 201-874-5966,

    Penzone Realty

    Bought with:

    Teal Levick, 1538939

    Keller Williams Prime Realty

    Source: Bright MLS,MLS#: NJGL2026568MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Basement
    • Area: 0
    Heating
    • Baseboard, Forced Air, Wall Unit, Electric, Natural Gas
    Cooling
    • Window Unit(s), Ceiling Fan(s), Electric
    Appliances
    • Included: Electric Water Heater, Gas Water Heater
    Features
    • Dry Wall
    • Flooring: Ceramic Tile, Other, Carpet
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,888
    • Total interior livable area: 1,888 sqft

    Property

    Parking
    • Parking features: Asphalt, Driveway
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: 2+ Access Exits
    Features
    • Exterior features: Flood Lights
    • Pool features: None
    Lot
    • Size: 9,975 sqft
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 060003000008
    • Zoning: C4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: A-Frame
    • Property subtype: Quadruplex
    Materials
    • Frame
    • Foundation: Stone, Slab
    • Roof: Shingle,Flat
    Condition
    • Good
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Location
    • Region: Glassboro
    • Municipality: GLASSBORO BORO

    HOA & financial

    Other financial information
    • Total actual rent: 61200

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
    • Road surface type: Paved
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

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    $530,600
    2% more+ $10,612
    With Zillow Showcase(estimated)
    $541,212