518 RACE ST
PALMYRA, NJ 08065
$265,000
4 Beds
2 Baths
1,920 Sq Ft
Status Pending
MLS# NJBL2060162
Spacious corner property ideal for house hacking, live in one unit, rent the other to offset your mortgage. Great income property located in Palmyra, one of NJ’s Opportunity Zones. Invest now with tax saving opportunities. Solid Duplex with a first floor spacious 3 bedroom 1 bath, to be delivered vacant with rental potential of $1850 + per month. Second floor unit, 2 Bed 1 bath, occupied with long term tenant that would like to stay at $1050 per month. Some major components updated within the last few years like roof, and parging in the basement, gas heat unit completely rebuilt. Some cosmetics will allow this property to max out on market rental rates. Quiet residential neighborhood with oversized wood deck for tenant’s enjoyment, spacious rear yard and covered carport. As-is sale, buyer responsible for twp CO transfer.
Details for 518 RACE ST
Built in 1910
$138 / Sq Ft
4 parking spaces
Window Unit(s)
Baseboard - Electric
30 Days on website
0.09 acres lot
Area Information for 518 RACE ST
