Mary Lou Erk - Coldwell Banker Hearthside
446 Beacon Ave


"Great Positive Cash Flow" "Investors Dream" Don't miss out on this great investment property with great positive cash flow. This property has Historical background without the historical home restrictions. The 3 story property consist of 6-one bedroom units with a history of easy to rent units. Each of the 6 units pay their own utilities for gas or electric. The owner pays a flat $2,900 per year total for water and sewer because Paulsboro does not meter their water. The owner also pays approximately $2,600 in common area electric per year. When you run the income and expenses, this property is a money maker. Property is conveniently located near the new Port of Paulsboro that is going to help the economy and housing market, making this property easy to rent and a good long term investment. Also conveniently located just off of Rt 295 North & South to be in the City or Delaware within 15-20 minutes. Property is in need of a roof replacement. Owner is willing to replace or negotiate.


Days On Site349


Market Activity 08066

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Area Information

Zip Code08066
AreaPaulsboro Boro (20814)
Listing VS Median (in 08066)
low | high
100% of Average
On Site:
low | high
100% of Average
Listing Updated: 12/09/2018
MLS Number: 1000358009
Listing Provided By:
Ronald A Bruce Jr.  of  BHHS Fox Roach-Mullica Hill-South

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