127 Powelton Ave

Terrific Investment Opportunity in this 4-Unit Building in Woodlynne, NJ! This Quadruplex comes with a 3-Bedroom Unit and a Studio Unit on the 1st Floor, and a 2-Bedroom Unit and a 1-Bedroom Unit on the 2nd Floor. The 3-Bedroom Apartment is rented for $1,600/month. The Studio Apartment is rented for $900/month. The 1-Bedroom Apartment is rented for $935/month. The 2-Bedroom Apartment is vacant and should rent for $1,500/month. There are separate utilities for gas and electric for the 3-Bedroom, the 2-Bedroom, and the 1-Bedroom Apartments. The owner pays the utilities for Studio Apartment and Common Areas. Owner pays for Water/Sewer/& CCMUA. The 3-Bedroom Unit has a Family Room, an Eat-In Kitchen, a Full Bathroom, and the 3 Bedrooms. The Studio Unit has a Bedroom/Family Room Area, 2 Big Closets, a Kitchen with a Breakfast Bar with Seating for 2, and a Full Bathroom. The 1-Bedroom Unit has a Family Room, an Eat-In Kitchen, a Full Bathroom, and a Bedroom. The 2-Bedroom Unit was just refreshed and comes with a Family Room, a Laundry Closet with a Washer and a Dryer, an Eat-In Kitchen, a Full Bathroom, and a 2nd Floor with the 2 Bedrooms. There is currently a driveway with parking for 3. The other side of the house already has a driveway apron and can be converted to another driveway for your tenants. This Great Building also comes with a Newer Front Roof (2023), a Large Basement, and a Shared Patio Area out back. Don't miss the opportunity to own this property today. This property is being sold in as-is condition. Buyer is responsible for paying for and obtaining the passing resale certificate of occupancy/fire prevention certification.