16 E Washington Street

Paulsboro, NJ 08066

We all know a good duplex is hard to find but what about one where each unit is a 4 bedroom!! That's right this home is a side-by side duplex with each unit consisting of 4 bedroom and 1 full bath. Both units are currently occupied with tenants who are in good standing and are up-to-date on rent, Each unit is about 1140 sq ft and has three floors with the bathroom being on second floor. There is a driveway on each side of the house for the different units and also the township water/sewer bill is split making it easier to charge back the tenants for the utilities! House sits directly next to the Paulsboro Administrative/Police Building. This home was completely down to the studs in 2019 and at that time had new electrical, plumbing, and hvac work done. Unit 16 - month to month about to renew $1370 monthly rent prior to renewalTenant pays all utilities (electric, gas, water/sewer)Unit 18 - lease end 12/31/24$1525 monthly rentTenant pays all utilities (electric, gas, water/sewer)That's a total monthly rent roll of $2,895!! HUD fair market rents for 2024 in this zip code are $1990 for a 4 bedroom! Duplex being sold as-is.