218-220 S BROADWAY, GLOUCESTER CITY, NJ 08030

Motivated Seller. This 6 unit apartment building is now for sale and cash flowing in downtown Gloucester City. All units recently updated and inspected. Great for a 1031 Exchange. Deeded as 2 twins attached to one another, this building offers split gas and electric meters in the basement with owner paying for, water and sewer.  Owner is reimbursed for heat by all tenants. This building has 2 individual tax bills. (218  S. Broadway is 3357./yr and 220 S.  Broadway is 6450./yr).  Current monthly income is $7330./mo. and is fully occupied.   This building is professionally managed by Connection Property Mgt.