Bought with Sidney Benstead • BHHS Fox & Roach-Marlton
$387,500
$415,000
6.6%For more information regarding the value of a property, please contact us for a free consultation.
4,524 SqFt
SOLD DATE : 07/03/2025
Key Details
Sold Price $387,500
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,524 sqft
Price per Sqft $85
MLS Listing ID NJBL2081824
Sold Date 07/03/25
Style Dwelling with Rental
Abv Grd Liv Area 4,524
Year Built 1960
Annual Tax Amount $9,152
Tax Year 2024
Lot Dimensions 380.00 x 0.00
Property Sub-Type Triplex
Source BRIGHT
Property Description
***Property being sold completely As-Is. Buyer will be responsible for all C/O requirements and township inspections related to the sale of the property***
Multifamily triplex property that would be excellent for an investor or owner occupant. Conveniently located within minutes of several major highways and the NJ Turnpike offering easy access to Philadelphia. 118 Bishop Street features three 2-Bedroom, 2-Bathroom rental units with long-term tenants and excellent rental income. All units are well maintained with significant upgrades throughout. Unit A is currently vacant and ready to be leased out immediately. Unit B is currently rented at $990. Unit C is currently rented at $1,150. There is a 3-bay garage attached to the building for an additional revenue stream. All separate utilities and electric heat with the landlord covering water, insurance & taxes. This is an excellent investment opportunity with major upside.
Location
State NJ
County Burlington
Area Pemberton Twp (20329)
Zoning MULTIFAMILY
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling Window Unit(s)
Fireplace N
Heat Source Electric
Exterior
Parking Features Covered Parking, Garage - Front Entry, Additional Storage Area
Garage Spaces 3.0
Water Access N
Accessibility None
Attached Garage 3
Total Parking Spaces 3
Garage Y
Building
Above Ground Finished SqFt 4524
Sewer On Site Septic
Water Public
Architectural Style Dwelling with Rental
Additional Building Above Grade
New Construction N
Schools
School District Pemberton Township Schools
Others
Tax ID 29-00456-00009
Ownership Fee Simple
SqFt Source 4524
Special Listing Condition Standard
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