INVESTOR ALERT! Immediate income opportunity. Here’s your opportunity to own a 3 unit rental property. One unit is in a separate building with garage space below. The main house is a duplex. Main house has a 2 bedroom, 2 bath apartment with gas heat and central air in good condition with long time (month to month ) tenants who want to stay. It is currently rented for $1,000 per month. The second unit in the main house has 2 bedrooms and 1 bath plus an attic space and needs a complete renovation. There is a detached 2 bedroom 1 bath apartment over a garage space with 2 bedrooms and 1 bath (window unit a/c) This unit has long term tenants who would also like to stay. Rent is $875. per month. There is a separate driveway for unit 1. There are 4 parking spots in the back for unit 2 & 3 plus a garage that is currently used for storage. The units have separate electric meters. Water and sewer are currently included in the rent. The roof is approx. 12 years old and some of the windows have been upgraded. Located in Swedesboro next to the Margaret Clifford School. Close to public transportation, shopping, restaurants and local festivities. The apartments are in the popular, Kingsway School district.Selling as- is where is – Buyer must obtain CO.
Sold
$285,000
531 Auburn Ave #533, Swedesboro, NJ 08085
6beds
--baths
2,088sqft
Triplex
Built in 1920
-- sqft lot
$390,800 Zestimate®
$136/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: July 27, 2023 at 02:04pm
Listed by:
Toni Beltz 609-706-1252,
BHHS Fox & Roach-Mullica Hill North
Bought with:
Todd Hahn
RE/MAX Preferred - Mullica Hill
Source: Bright MLS,MLS#: NJGL2013508

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 0
Heating
- Forced Air, Oil, Natural Gas
Cooling
- Central Air, Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,088
- Total interior livable area: 2,088 sqft
Property
Parking
- Total spaces: 5
- Parking features: Driveway, Parking Lot
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 7,375 sqft
- Dimensions: 59.00 x 125.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 170003600009
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
Materials
- Frame
- Foundation: Stone
Condition
- Good
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Swedesboro
- Municipality: SWEDESBORO BORO
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,FHA 203(k)
- Ownership: Fee Simple
Services availability

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$390,800
2% more+ $7,816
With Zillow Showcase(estimated)
$398,616