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Map
$433,412*
●
Multifamily -
Off Market
418 ELBO LANE
MOUNT LAUREL, NJ 08054
Studio
0 Bath
2400 Sqft
$338,000 - $412,000
Reference Base Price*
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
About 30 yrs old triplex, modular construction, each unit identical
2BR/1BA. All situated on 3 acres of ground. 2 of the units
were newly renovated recently. Long term/stable tenants. 100%
leased. Annual income of $37,200 with total expenses only
$10,000, Net Operating Income is $27,200. New septic
system was installed in 2016 and has been well maintained each
year. Every unit has its own washer and dryer. Public water.
Units all 100% electric. OR consider rebuilding/redevelopment
opportunities on prime 3 acres of ground. Lots of off street
parking. Bucolic setting, property is nicely set back from Elbo
Lane. Pics were taken prior to tenants moved in.
The manager has listed the unit size as 2400 square feet.
The manager has listed the unit size as 2400 square feet.
Unit Size
2,400Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$156
Property Type
Multifamily
Property Taxes
$7,891
HOA Dues
-
Year Built
1992
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2021 | No longer available | - | |
| No longer available | |||
| Apr 14, 2021 | Listed | $375,000 | |
| Listed | |||
Property Highlights
Air Conditioning
418 ELBO LANE
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
House
4
Beds
3
Baths
2,525 ft²
$149/ft²
$375,000
Jun 12, 2014
$375,000
Apr 29, 2015
-
Sold
House
4
Beds
3
Baths
3,085 ft²
$113/ft²
$349,000
Feb 5, 2018
$349,000
Oct 18, 2018
$80/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
04/14/2021
|
|
Studio
|
-
|
2400 ft²
|
$375,000
Studio
-
2400 ft²
|
-
-
|
-
|
Yun Li
Realty Mark Advantage
|
Building Info
