$222,000
$250,000
11.2%For more information regarding the value of a property, please contact us for a free consultation.
2,677 SqFt
SOLD DATE : 11/04/2024
Key Details
Sold Price $222,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,677 sqft
Price per Sqft $82
MLS Listing ID NJCD2069326
Sold Date 11/04/24
HOA Y/N N
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $5,590
Tax Year 2023
Lot Size 2,000 Sqft
Acres 0.05
Lot Dimensions 20.00 x 100.00
Property Description
GREAT INVESTMENT OPPORTUNITY .......FULLY LEASED Mixed use multi unit property in business district of Pennsauken. It is located in a busy strip center at Cove Rd and Westfield with lots of visibility. Approx 750 sf open floor plan Store Front is on a yaerly renewal lease with rent of $1,175. Tenant is occupying the space for the 4th year. It is a clothing design and retail store plus 1 restroom. Space was freshly painted and renenovated at the commencement of the lease in 2020. 2 apartments are currently leased with positive cash flow. Lower unit (582 sf) is 1BR 1BA $1050/mo and was also recently updated. Upstairs apartment (1345 sf) is 3BR 1BA. $1,449/mo with a long term tenant. Tenants pay electric. Landlord provides gas and water/sewer. Full basement is completely dry and offers lots of storage space. 2 parking spaces in the alley behind for the apartments. Lots of street parking in front and plenty of foot traffic. Sold Strictly As Is but in very good condition.
Location
State NJ
County Camden
Area Pennsauken Twp (20427)
Zoning C-1
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Wall Unit
Flooring Laminated
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Waterfront N
Water Access N
Roof Type Asphalt
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 2
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Pennsauken Township Public Schools
Others
Tax ID 27-00608-00002
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Jitka McCabe • Century 21 Alliance - Mantua
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "