Homes for sale - 23-25 WRIGHT AVE, Berlin, NJ 08009

Listed by Michael Long • RE/MAX Community-Williamstown
Bought with Richard Mauriello Jr. • RE/MAX Community-Williamstown

$1,275,000

$1,250,000 2.0%

Est. payment - /mo

10,000 SqFt

UPDATED:

Key Details

Sold Price $1,275,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $127

MLS Listing ID NJCD2080978

Sold Date 03/14/25

Year Built 1975

Annual Tax Amount $18,453

Tax Year 2024

Lot Size 0.287 Acres

Acres 0.29

Lot Dimensions 100.00 x 125.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

10-Unit Apartment Complex – Excellent Investment Opportunity! This well-maintained 10-unit apartment complex offers a fantastic investment opportunity for those seeking steady cash flow in a prime location. Comprising 10 spacious 1-bedroom, 1-bathroom units, this property is fully leased and in excellent condition. Each unit features bright interiors, and functional layouts, making them highly desirable to tenants. The complex is meticulously cared for with regular maintenance, ensuring the property remains in top-notch shape. Tenants enjoy a comfortable living environment with easy access to local amenities, public transportation, and nearby attractions. This apartment complex is a turnkey investment, offering immediate cash flow and long-term potential. Whether you're an experienced investor or new to real estate, this property presents a solid addition to any portfolio. Property is being sold As-Is

Location

State NJ

County Camden

Area Berlin Boro (20405)

Zoning C-3

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling Wall Unit

Heat Source Natural Gas

Exterior

Garage Spaces 11.0

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 11

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Berlin Township Public Schools

Others

Tax ID 05-01002-00002

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Angela Carter

+1(804) 313-7844

Managing Broker/REALTOR® | License ID: 0225237178

Managing Broker/REALTOR® License ID: 0225237178

23-25 WRIGHT AVE Berlin, NJ 08009