Welcome to your next investment opportunity in Florence, NJ! This duplex presents a prime chance to capitalize on rental income and property appreciation. The first-floor unit offers an oversized 1 bedroom, 1 bathroom layout with a finished basement, perfect for immediate occupancy or rental. Meanwhile, the second-floor unit, with 2 bedrooms and 1 bathroom, is currently tenant-occupied, generating $1600 per month and expressing interest in a continued lease. Both units are updated and turnkey ready, promising low maintenance and high tenant satisfaction. With potential total rental income reaching $3400 per month and the added benefit of low taxes, this property stands as a solid investment choice. Located in a community renowned for its pride and convenience to public transportation, this duplex is a lucrative addition to any portfolio. Don't hesitate—seize this opportunity to secure your foothold in the flourishing Florence real estate market. Schedule your viewing today!
Sold for $350,000 on 08/30/24
$350,000
1016 W 3rd St, Florence, NJ 08518
3beds
--baths
2,063sqft
Duplex
Built in 1910
-- sqft lot
$363,100 Zestimate®
$170/sqft
$1,966 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 23, 2024 at 02:27pm
Listed by:
Melanie Elliott 267-243-8939,
Century 21 Veterans-Newtown
Bought with:
Rosemarie Jenkins, 1435739
Vylla Home
Source: Bright MLS,MLS#: NJBL2063876

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
Basement
- Area: 345
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Dryer, Oven/Range - Gas, Refrigerator, Washer, Gas Water Heater
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 2,063
- Total interior livable area: 2,063 sqft
Property
Parking
- Total spaces: 2
- Parking features: On Street, Driveway
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 3,450 sqft
- Features: Suburban
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 150000300001
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Duplex
Materials
- Frame
- Foundation: Block
Condition
- Good
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Florence
- Municipality: FLORENCE TWP
HOA & financial
Other financial information
- Total actual rent: 19200
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
- Ownership: Fee Simple
Services availability

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$363,100
2% more+ $7,262
With Zillow Showcase(estimated)
$370,362