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| MLS #: 593041 |
| 18 Cooper Dr Dr,Somers Point NJ - SOLD |
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| Sold Price:$404,000 |
| Beds: 0 Baths: 0 Half: 0 |
| Type: MULTI-FAMILY |
| Lot Size: 75x118 |
| PROPERTY DESCRIPTION |
| This spacious side-by-side duplex at 18 Cooper Drive presents an excellent investment opportunity or a chance for an owner-occupant to offset their mortgage by renting one side. The property features two units, each offering 2 bedrooms and 1 bathroom, perfect for both investors and buyers seeking rental income potential. Unit 1 will need work and could rent for approx. $2,000 when renovated. Unit 2 Recently remodeled with a new kitchen, updated countertops, freshly painted interior, and new flooring. Market rent for this unit is approximately $2,000/month. Additional Features: New Roof installed in Summer 2023. Annual Operating Costs: Sewer: $770 per year (paid by the owner). Insurance & Taxes: Paid by the owner. Separate Utilities: Each unit has its own electric, gas, and water meters. Investment Potential: Total Possible Annual Income: $48,000. Licensed Agent is related to Seller. This property is part of an Estate and is being sold in "as is" condition. No Repairs will be made by seller. |
| PROPERTY FEATURES |
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Status: Sold CO OP Non Member
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Lot Dimensions: 75x118
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Water: Public
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Other Rooms: Dining Room,Kitchen,Living Room
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Sewer: Public Sewer
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Water Heater: Gas
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Appliances: Dishwasher,Disposal,Dryer,Gas Stove,Microwave,Refrigerator,Washer
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Heating: Forced Air,Gas-Natural
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Cooling: Wall Units
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Parking - Exterior: Parking Pad,Two Car
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Garage: None
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| ADDITIONAL PROPERTY PICTURES |
Listing Courtesy of GRACE REALTY.
© 2017 South Jersey Shore Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional MLS. Real Estate listings held by brokerage firms other than Grace Realty are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed. The broker providing these listings to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. |
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