18 Cooper Dr Dr, Somers Point, NJ 08244 – 593041 - Joseph Lam

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Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

$415,000

Est. payment - /mo

2 Beds

2 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 593041

Bedrooms 2

Full Baths 2

Year Built 1970

Annual Tax Amount $7,524

Tax Year 2024

Property Sub-Type Duplex

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.

Location

State NJ

County Atlantic

Community Somers Point

Area Somers Point City

Rooms

Other Rooms Dining Room, Kitchen, Living Room

Basement Crawl Space

Interior

Heating Forced Air, Gas-Natural

Exterior

Exterior Feature Aluminum

Parking Features None

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

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South Jersey Shore Regional MLS (SJSRMLS)

Listed by eXp Realty - Montclair

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262

18 Cooper Dr Dr Somers Point, NJ 08244

Joseph Lam

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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18 Cooper Dr Dr