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    418 Elbo Lane

    MOUNT LAUREL, NJ 08054
    • $375,000
    • STATUS: Active
    • ON SITE: 26 days
    • MLS #: NJBL395324
    UPDATED: 17 min ago
    $375,000
    • 0
      BEDS
    • 3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,400
      SQFT
    • $156
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1992
    County:

    School Ratings & Info

    Description

    About 30 yrs old triplex, modular construction, each unit identical 2BR/1BA. All situated on 3 acres of ground. 2 of the units were newly renovated recently. Long term/stable tenants. 100% leased. Annual income of $37,200 with total expenses only $10,000, Net Operating Income is $27,200. New septic system was installed in 2016 and has been well maintained each year. Every unit has its own washer and dryer. Public water. Units all 100% electric. OR consider rebuilding/redevelopment opportunities on prime 3 acres of ground. Lots of off street parking. Bucolic setting, property is nicely set back from Elbo Lane. Pics were taken prior to tenants moved in.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-11T18:52:35.443.
    www.sellwithsikora.com/homes/116094898
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    418 Elbo Lane MOUNT LAUREL, NJ 08054

    • Price: $375,000
    • Status: Active
    • Updated: 17 min ago
    • MLS #: NJBL395324
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3
    Acres
    2,400
    SQFT
    $156
    $/SQFT
    1992
    Built
    Neighborhood:
    Mount Laurel Twp (20324)
    County:
    Burlington
    Area:
    Mount Laurel Twp (20324)
    School District:
    Mount Laurel Township Public Schools
    Property Description
    About 30 yrs old triplex, modular construction, each unit identical 2BR/1BA. All situated on 3 acres of ground. 2 of the units were newly renovated recently. Long term/stable tenants. 100% leased. Annual income of $37,200 with total expenses only $10,000, Net Operating Income is $27,200. New septic system was installed in 2016 and has been well maintained each year. Every unit has its own washer and dryer. Public water. Units all 100% electric. OR consider rebuilding/redevelopment opportunities on prime 3 acres of ground. Lots of off street parking. Bucolic setting, property is nicely set back from Elbo Lane. Pics were taken prior to tenants moved in.
    Exterior Features

    Architectural Style Ranch/Rambler Construction Materials Vinyl Siding Garage YN No Lot Features Rear Yard Other Structures Above GradeBelow Grade Parking Types DrivewayParking Lot Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 2400 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(S) Fireplace YN No Fireplaces Total 0 Heating Baseboard - Electric Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 3

    Property Features

    Accessibility Features 2+ Access Exits Assessment Year 2020 Association YN No Central Air YN No Cooling Fuel Electric Gross Income 37200.00 Heating Fuel Electric Hot Water Electric Incorporated City Name Mount Laurel Twp Navigable Water YN N Net Operating Income 27200.00 New Construction YN No Number Of Units Leased 3 Number Of Units Total 1 Operating Expense 10000.00 Original MLSNumber 304556905894 Owner Pays InsuranceLawn/Shrub CareSnow RemovalTaxes - Real EstateWater Ownership Interest Fee Simple Possession Subject To Existing Lease Property Sub Type Triplex Rent Control YN No Sale Type Standard Sewer On Site Septic Structure Design Type Detached Tax Annual Amount 7891.00 Tax Assessment Amount 270900.00 Tax Lot 00009 Total Actual Rent 37200.00 Vacation Rental YN No Water Source Public Zoning Multi-Family

    Listing courtesy of Realty Mark Advantage.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-11T18:52:35.443.
     
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    28 Valley Rd Suite 1
    Montclair NJ, 07042