27 E Groveland Ave
Sold

27 E Groveland Ave

27 E Groveland Ave, Somers Point, NJ 08244

$276,000
Calling all Investors! Welcome to 27 E Groveland in Somers Point, NJ! This charming duplex offers a unique opportunity for investors or those seeking to convert back to a single family home. The first floor features 2 bedroom and 1 bath unit, while the second floor offers 1 bedroom and 1 bath unit. Currently both units are tenant occupied on a month-to-month lease, providing immediate rental income. However, it is important to note that the current rental rates are below market value. With some tender loving care (TLC), these units have the potential to be transformed into profitable rentals or a beautiful single family residence. Situated in a convenient location and close to amenities, this property holds promise. Take advantage of this excellent opportunity to invest in the thriving Somers Point market. Don't miss out on the potential of 27 E Groveland. Schedule a showing today and envision the possibilities.
Brian Logue

Brian Logue

Features & Amenities

Area & Lot

  • Status Sold
  • MLS® ID575368
  • TypeMulti-Family
  • YEAR BUILT1925

Exterior

  • water SourcePublic
  • utilitiesElectric
  • parkingTwo Car
  • HEAT TYPERadiator
  • AIR CONDITIONINGWindow Units
  • sewerPublic Sewer

Financial

  • Sales Price$276,000
  • Real Estate Tax $7,173/yr

Work With Us

The Anchor Group team has been recognized with numerous awards for its business accomplishments and community involvement. Contact them today if you are considering selling, buying, or both.

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