Back 301 Somerset St
Off Market

301 Somerset St

Gloucester City NJ 08030

2
1810 sq. ft.
1120 sq. ft.
Duplex
Last sold for $160,000
Joseph DamoneJoseph Damone, last sold this property on 03 March 2021 after -98 days on market.

Overview

Fully rented corner Triplex generating excellent cash flow! Unit A efficiency studio is freshly painted and remodeled with new flooring, kitchen cabinets, and a new water heater in the basement. The upper 2 bedroom unit was recently remodeled and offers large living space. The 1 bedroom end unit was also recently remodeled and features a large living room, bedroom and kitchen. All utilities are separate and the tenants' responsibility, but the landlord pays the water and sewer. This is a great location close to Philadelphia and the building is fully occupied. Come grab this building for excellent cash flow. Great for 1031 exchange. If you are looking for multiple income producing properties also see MLS#s: NJCD405326, NJGL266232, NJGL266250

Features

2 bedrooms
1810 sq. ft. floor area
1120 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar 2 bedroom duplexes sold in Gloucester City over the last 12 months.

Property history for 301 Somerset St

2021
Sold
$160,000
03 Mar 2021 by Joseph Damone, of Better Homes and Gardens Real Estate Maturo
2021
Sold
$160,000
03 Mar 2021 by Kimberly Baresciano, of Realty Solutions LLC

Happy sellers in Gloucester City

56%
56% of sellers in Gloucester City reported that their sale price either exceeded or met their price expectations.

Gloucester City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Gloucester City over the last 12 months.

Local market activity for 2 bedroom duplexes in Gloucester City

In the last 12 months, 2 two-bedroom duplexes similar to 301 Somerset St, have been sold.

This represents a 72% increase in two-bedroom duplexes sales when compared to the previous 12 months.

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