AS IS- Calling all Investors! Multi-Family Property with Steady Rental Income
Looking for a solid income-generating property in a growing area? 26 Wilmer St in Glassboro offers a fantastic multi-family opportunity with two fully rented units and a detached garage also generating rental income. TOP UNIT-This spacious 4-br, 1-bath unit is currently rented to a long-term tenant on a month-to-month lease. Full attic for storage. Current Rent is $1,060. Rent is being increased to $1,160 on July 1. BOTTOM UNIT-The 3-br, 1-bath bottom unit also offers great rental potential. This unit includes a full basement, providing additional storage or potential for future improvements. Like the top unit, the bottom unit is also currently rented. Current Rent is $1,300. Rent is being increased to $1,500. On July 1. The tenants are happy to stay, making this a turnkey investment opportunity with immediate rental income. A detached garage on the property is rented separately, (Garage Rent is $175.00) providing additional income to the owner. This adds another stream of revenue to the property, enhancing its appeal as a reliable investment. This property is being sold AS-IS .. (Inspections are for informational purposes only)and is ideal for investors seeking a steady cash flow with room for future appreciation. Conveniently located in Glassboro, this property is just a few blocks from Rowan University, local shopping, dining, and entertainment. The location is highly desirable for both students and faculty, ensuring continued demand for rental units. With easy access to Route 55, commuting to surrounding areas or Philadelphia is a breeze.