521 5TH ST PAULSBORO, NJ 08066

521 5TH ST PAULSBORO, NJ 08066

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Property Type

Multi-Family

MLS#

6968887

Square Feet

3100

Lot Size

6534 sq ft

Year Built

1921

List Price

$174,900

"Great Positive Cash Flow" "Investors Dream" Don't miss out on this great investment property with great positive cash flow that features 4-two bedroom apartments with a total approximately 3,100 sqft. The property is known as 519-521 5th Street with apartments A & B for each. The tenants pay their own gas and electric bills which are all metered separately. The only bill the landlord pays is the flat fee of $1,950 total for the year for the water & sewer bill. If you run the numbers for income and expenses, this is a real money maker monthly. The property is located near the new Port of Paulsboro which is going to grow the economy and housing market of Paulsboro making this even a better investment property. Also conveniently located near Rt 295 North and South to be in the City or Delaware with 15-20 minutes. Run the numbers and you will see why this is a good one!

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