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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 760 sqft
Price per Sqft $315
Subdivision Woodbury
MLS Listing ID NJGL2074078
Style Other
Bedrooms 2
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 760
Year Built 1953
Annual Tax Amount $3,441
Tax Year 2025
Lot Size 2,439 Sqft
Acres 0.06
Lot Dimensions 0.00 x 0.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Looking for a truly turnkey rental property that generates income from day one? This beautifully updated **2-bedroom, 1-bath home with a finished basement** is a rare opportunity for investors seeking stable cash flow, low expenses, and minimal maintenance.
The property has been thoughtfully renovated with a **modernized bathroom, fresh interior and exterior paint, updated kitchen cabinetry, granite countertops, laminate flooring, and more**, making it an attractive home for long-term tenant retention. The main level features 2 bedrooms, 1 full bath, a spacious living room, and kitchen, while the finished basement adds valuable usable space with a recreation area, bonus room, and laundry area complete with washer and dryer.
**Income starts on Day One!**
* Section 8 tenant currently paying **$2,000 per month**
* Excellent payment history with consistent on-time rent
* Approximately **9 months remaining on the current lease**
* Government-backed rental income provides added stability and predictability
What makes this investment even more attractive is the combination of **NO HOA fees, low property taxes, and low-maintenance upgrades**, helping maximize your cash flow and overall return on investment.
Conveniently located near public transportation and featuring rear alley access, this property offers strong rental appeal and long-term upside. Whether you're looking to expand your portfolio, complete a 1031 exchange, or acquire your first investment property, this is the type of asset investors are actively searching for.
**Secure a performing asset today and enjoy immediate passive income with built-in tenant stability.**
*Owner is a licensed Real Estate Agent.*
Location
State NJ
County Gloucester
Area West Deptford Twp (20820)
Zoning RES
Rooms
Other Rooms Living Room, Bedroom 2, Kitchen, Bedroom 1, Utility Room, Bathroom 1, Bonus Room
Basement Outside Entrance, Fully Finished, Heated, Walkout Level, Other
Main Level Bedrooms 2
Interior
Interior Features Combination Kitchen/Dining, Kitchen - Eat-In
Hot Water Natural Gas
Heating Central
Cooling Window Unit(s), Ceiling Fan(s)
Flooring Laminated
Inclusions Range, Refrigerator, Washer & Dryer
Equipment None
Fireplace N
Heat Source Natural Gas
Laundry Dryer In Unit, Washer In Unit, Lower Floor
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 2
Foundation Other
Above Ground Finished SqFt 760
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Oakview E.S.
Middle Schools West Deptford M.S.
High Schools West Deptford H.S.
School District West Deptford Township Public Schools
Others
Pets Allowed Y
Senior Community No
Tax ID 20-00201-00031
Ownership Fee Simple
SqFt Source 760
Acceptable Financing Cash, Conventional, Seller Financing
Horse Property N
Listing Terms Cash, Conventional, Seller Financing
Financing Cash,Conventional,Seller Financing
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
Nearby Locations
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