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202 Washington Avenue

Laurel Springs NJ 08021

5
2161 sq. ft.
10890 sq. ft.
Duplex
Currently for sale - view listing

Overview

Excellent income-producing duplex opportunity in Laurel Springs offering strong rental potential and flexibility for both investors and owner-occupants! One unit is currently tenant occupied at approximately $2,100/month, while the updated vacant unit has projected rental income of approximately $2,300/month, creating the potential for roughly $4,400/month in gross rental income. The vacant unit has been recently refreshed with updated flooring, fresh paint, and a clean turnkey feel, making it move-in ready for either a tenant or owner occupant. Live in one unit while offsetting your mortgage with rental income, or fully lease both units for a strong cash-flowing investment opportunity. Owner currently pays gas and water, with separate electric utilities helping simplify management and operating costs. Desirable layouts, solid income potential, and strong rental demand in the area make this an attractive addition to any portfolio. Conveniently located near major highways, shopping, restaurants, and public transportation. Whether you are looking to house hack, expand your investment portfolio, or secure a long-term income-producing property, this duplex presents a rare opportunity with immediate income potential. Schedule your private showing today!

Features

5 bedrooms
2161 sq. ft. floor area
10890 sq. ft. lot size
Duplex

Happy sellers in Laurel Springs

92%
92% of sellers in Laurel Springs reported that their sale price either exceeded or met their price expectations.

Laurel Springs stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Laurel Springs over the last 12 months.

Local market activity for 5 bedroom duplexes in Laurel Springs

In the last 12 months, 3 five-bedroom duplexes similar to 202 Washington Avenue, have been sold.

This represents a 100% decrease in five-bedroom duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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