Gloucester City, NJ 08030 218-220 S Broadway
$650,000
2 more
Presented By: Connection Property Management
Beds • 6
Beds • 6Home Details
Fully Occupied with motivated Seller. This 6 unit apartment building is now for sale and cash flowing in downtown Gloucester City. All units recently updated and inspected, lead certs on file. Great for a 1031 Exchange. Deeded as 2 twins attached to one another, this building offers split gas and electric meters in the basement with owner paying for, water and sewer. Owner is reimbursed for heat by all tenants. Annual insurance is 4800/yearly. Quarterly CCMUA is $88./ per tenant. Utility usage is $55./mo per tenant. This building has 2 individual tax bills. (218 S. Broadway is $3357./yr and 220 S. Broadway is $6450./yr). Current monthly income is $7150./mo. and is fully occupied. This building is professionally managed by Connection Property Mgt.
Presented By: Connection Property Management
Interior Features for 218-220 S Broadway
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
BasementFull, Outside Entrance
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
FlooringFully Carpeted, Hardwood, Luxury Vinyl Plank
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 218-220 S Broadway
Acceptable FinancingCash, Conventional, Exchange
AccessibilityNone
AppliancesBuilt-In Range, Refrigerator
Architectural StyleColonial
Association Recreation FeeN
CityGLOUCESTER CITY
Construction MaterialsFrame
Cool FuelElectric
CoolingWindow Unit(s)
CountyCAMDEN
DirectionsMarket St to a left on Broad to home on left corner
Garage Y/NNo
HeatingBaseboard - Hot Water
Home Warranty Y/NNo
Location TypeDowntown
Lot Size Square Feet2361.00
Lot Size UnitsSquare Feet
MLS AreaGloucester City (20414)
ModificationTimestamp2025-04-01T11:18:43
MunicipalityGLOUCESTER CITY
New ConstructionNo
Number Of Units Total4
One Bedroom Units Count6
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6
OwnershipFee Simple
Possession31-60 Days CD
Price Per Sq Ft Total AG522.09
Property ConditionAverage
Property SubtypeOther
Property TypeMulti-Family
RoofShingle
School DistrictGLOUCESTER CITY SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeTwin/Semi-Detached
Tax Annual Amount9221.0
Tax Assessed Value67100.0
Tax Lot00017
Tax Year2022
Total SQFT1245
TransportationAirport less than 10 miles, Bus Stop less than 1 mile
Two Bedroom0
UtilitiesSewer Available, Water Available, Natural Gas Available, Electric Available, Cable TV Available
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceEstimated
ZoningRESIDENTIAL
Exterior for 218-220 S Broadway
Foundation DetailsBlock
InclusionsAll appliances and current leases
Land Assessed Value16000.00
Land Use Code
Lot Dimensions20.00 x 118.00
Lot Size Acres0.05
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
SpaNo
Type of ParkingOff Site, On Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
