SoldApr 21, 2016

Listed by Mary Bauer from RE/MAX At Home

18 W Front St, Florence, NJ, 08518

$139,900

4
3
3920 sq. ft.

MultiFam

Sold: Apr 21, 2016

What's around 18 W Front St

About this property

Calling all investors! Close to 4000 SF building located on Front St with river views. Presently used as three rental units but was managed by previous owner. With some imagination and design, could lay this out into some nice living space! Needs lots of cosmetics, but the potential makes this a diamond in the rough. Three separate electric panels, and units heated by oil, except lower unit with electric heat. Oil tank is in basement as well as upgraded gas hot water heater. This building had a store front at one time, with a residence for the owner and additional apartments. Florence Township has building zoned as neighborhood commercial, so if not meeting specs for this use a variance may be needed. Roof has been tarred annually with no problems. Old damage in one unit at ceiling is old roof problem that was never repainted inside. If you are looking for long term investment, this could be very profitable. To be sold completely AS-IS and buyer responsible for any and all certifications and inspections. Allow 24 hour notice for tenant notice. Third floor, which is huge finished attic would make an outstanding apartment or maybe convert the entire building back to a single family?? So many options!!

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