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Key Details
Sold Price $77,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,820 sqft
Price per Sqft $42
Subdivision None Available
MLS Listing ID NJBL374392
Sold Date 07/16/20
Style Ranch/Rambler
Bedrooms 5
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 1,820
Originating Board BRIGHT
Year Built 1873
Annual Tax Amount $5,381
Tax Year 2019
Lot Size 3,599 Sqft
Acres 0.08
Lot Dimensions 29.50 x 122.00
Property Description
Prime Location and RARE property for under 100K! Property is currently Zoned COMMERCIAL!! But owner is marketing as Residential...READ ON This is a unique investment opportunity located in the desirable downtown of Riverton and is within walking distance to the light rail. All plumbing, HVAC (central air), electrical are in great shape. Owner is CURRENTLY UPGRADING the property by completing some of the demolition work including mold and termite removal. Owner is also fixing/replacing the roof. Further renovations can be discussed if the buyer is interested; selling price is subject to change as scope of work changes. Huge possibilities as this can be used as 1 huge office space or broken up into multiple office spaces for cash flow. CONVERTING to zoning to residential for a single-family rancher could have huge upside as similar comps are in the 250K-300K range!!! Seller has never occupied the home. Buyer must conduct their own due diligence, verification, research and inspections and are relying solely on the results thereof.
Location
State NJ
County Burlington
Area Riverton Boro (20331)
Zoning 4A - COMMERCIAL
Rooms
Basement Unfinished
Main Level Bedrooms 5
Interior
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 1
Sewer Public Sewer
Water Public
Architectural Style Ranch/Rambler
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Riverton School
Middle Schools Riverton School
School District Riverton Borough Public Schools
Others
Senior Community No
Tax ID 31-00801-00023
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Negotiable, Private, Conventional
Listing Terms Cash, Negotiable, Private, Conventional
Financing Cash,Negotiable,Private,Conventional
Special Listing Condition Standard
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Bought with Jeffrey J George • BHHS Fox & Roach-Cherry Hill
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