SoldJul 1, 2018

Listed by Darlene Fiore

511 Evesham Ave W, Magnolia, NJ, 08049

$1,500

3762 sq. ft.
0.25 ac.

MultiFam

20 days on the market

Sold: Jul 1, 2018

What's around 511 Evesham Ave W

About this property

What an amazing opportunity! Four rental units in one! This four unit property minimizes expenses and increases profitability! Current owner has moved out of the area and would love to see a new owner have the opportunity to reap the benefits of this GEM! Character and charm galore are offered in this amazing Mid-1800 century home, that is said to be the first built in Magnolia Proper! The rental income is $4300 monthly. Three of the four units are currently occupied and we are currently looking for an excellent tenant to fill the forth! So many recent updates! New Roof(both home2017 and Porch2018) Entire porch was rehabbed! Converted to gas in 2014, oil tanks in basement are abandoned, many windows replaced 2017, water heater 2014, sewer line to street 2018, driveway resurfaced 2015, Largest apartment was completely rehabbed 2018, upper 2 bed & the upper efficiency were both updated in 2018. Basement cleaned up 2018, and the list goes on! Hurry before this one says SOLD!!! You be sure to like what you see!!! 2019-06-14

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