Westmont, NJ 08108,20 HADDON AVE
Westmont, NJ 08108,20 HADDON AVE
Westmont, NJ 08108,20 HADDON AVE
Westmont, NJ 08108,20 HADDON AVE
Westmont, NJ 08108,20 HADDON AVE
Westmont, NJ 08108,20 HADDON AVE
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$485,000

$485,000

Est.Price: ?

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Est. payment /mo

3,820 SqFt


SOLD DATE : 04/26/2024

Key Details

Sold Price $485,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 3,820 sqft

Price per Sqft $126

Subdivision Westmont

MLS Listing ID NJCD2065050

Sold Date 04/26/24

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $10,043

Tax Year 2022

Lot Size 2,701 Sqft

Acres 0.06

Lot Dimensions 18.00 x 150.00

Property Description

**Mixed-Use Investment Opportunity – Prime Location in Haddon Township**
Welcome to 20 Haddon Ave, a meticulously maintained mixed-use building offering an exceptional investment opportunity in the heart of Haddon Township. This versatile property presents a well-appointed barbershop on the first floor, a fully leased 1-bedroom apartment on the second floor, and an expansive additional space that once housed a dance studio – now ready to be transformed into an additional studio apartment or office space for supplementary income. This prime location is situated on Haddon Ave, this property enjoys high visibility and easy accessibility, making it an attractive choice for both residents and businesses alike. The first floor showcases a modernized barbershop that underwent a complete renovation in 2017. This state-of-the-art establishment offers a stylish and inviting atmosphere, ensuring a thriving and loyal customer base that would keep a landlord happy. The second floor has a leased 1-Bedroom, 1-Bath Apartment with separate entrance. This well-maintained 1-bedroom apartment that is currently leased, providing a consistent source of rental income. This apartment boasts comfort and convenience, making it an appealing option for tenants. This apartment leased in 1 day when it became available in 2023 due to its high desirability. The building offer a versatile additional space with an existing layout that once accommodated a dance studio, the property's additional space offers endless possibilities. Investors have the option to convert this area into an additional studio apartment to maximize rental potential or create office spaces for professionals seeking a well-connected location. The basement is a large unfinished space currently used for storage. This is a great Investment! This property presents an outstanding investment opportunity with multiple income streams. The combination of a thriving barbershop, a leased apartment, and the potential for further rental income positions this building as a savvy investor's dream to increase your ROI. Ideally located in Haddon Township, the property benefits from its proximity to local amenities, public transportation, and a vibrant community. Nearby shops, restaurants, and recreational facilities contribute to the area's appeal. Don't miss the chance to own a mixed-use building that epitomizes smart investment in a sought-after location. Come view and explore the limitless potential of 20 Haddon Ave in Haddon Township. This is your opportunity to secure a sound investment with lasting rewards.

Location

State NJ

County Camden

Area Haddon Twp (20416)

Zoning COMMERCIAL, C-1

Interior

Hot Water Natural Gas

Heating Baseboard - Electric, Forced Air

Cooling Window Unit(s), Central A/C

Flooring Tile/Brick, Wood, Vinyl, Carpet

Heat Source Natural Gas, Oil

Exterior

Garage Spaces 4.0

Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available

Waterfront N

Water Access N

View Street

Roof Type Flat

Street Surface Concrete

Accessibility None

Road Frontage Boro/Township

Total Parking Spaces 4

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Haddon Township Public Schools

Others

Tax ID 16-00020 16-00015

Ownership Fee Simple

SqFt Source Estimated

Security Features Security System

Acceptable Financing Cash, Private, Other

Listing Terms Cash, Private, Other

Financing Cash,Private,Other

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Luis Ortiz • BHHS Fox & Roach-Cherry Hill
Bought with Carla H Cornick • BHHS Fox & Roach-Marlton
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