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410 MONMOUTH Street, GLOUCESTER CITY, NJ
Opportunity to own a three-unit property with strong appreciation potential in the rapidly evolving Gloucester City market. This triplex features two occupied 1-bedroom units generating $1,250 and $1,180/month, along with a vacant third-floor studio-ideal for an owner-occupant or future rental income. While current rents provide a foundation, the true value lies in the property's upside potential through repositioning and market growth. Perfect for buyers looking to enter an improving area and build equity over time, or for investors seeking a long-term hold with rental growth potential. Situated on an oversized lot and conveniently located near major highways, bridges, and Philadelphia, this property benefits from increasing demand and ongoing revitalization in Gloucester City. A compelling opportunity to live in one unit while improving and stabilizing the asset in a neighborhood on the rise.
Property Details
| Property Type | Residential Multi Family |
|---|---|
| Mls # | NJCD2112696 |
| LotSize | 0.05 acres |
| Property Subtype | Other |
| Year Built | 1890 |
| Cooling Systems | window unit(s) |
| Exterior Types | frame |
| Heating Fuels | baseboard,forced air,electric (heating),central |
|---|---|
| Parking Types | on street |
| Num Of Floors | 0 |
| School District | GLOUCESTER CITY SCHOOLS |
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05/02/2023 - Edith Ferris
I'd like to highly recommend and thank Brandon Spinner and the Property Exchange Group for all their help with the sale of my 2 rental properties. Brandon guided and advised me through the...
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