$270,000
$280,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
3,175 SqFt
SOLD DATE : 05/16/2019
Key Details
Sold Price $270,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 3,175 sqft
Price per Sqft $85
Subdivision None Available
MLS Listing ID 1005932229
Sold Date 05/16/19
HOA Y/N N
Originating Board TREND
Year Built 1930
Annual Tax Amount $7,639
Tax Year 2018
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 101 X 144
Property Description
Fully rented two unit mixed-use building with long term tenants on a corner lot with a paved off-street parking area. LC (limited commercial) zoning district, new gas heater (installed 2017), underground lawn sprinklers and well maintained units make this a money in the bank investment. This 3175 /- sf 2 1/2 story offers dramatic high ceilings, original woodwork, and hardware on the first floor office space and a large second floor apartment. Good exposure on Route 40, walking distance to downtown shopping and close proximity to area bridges, I-295 and the NJ Turnpike. A Smart Investment - current gross income - $40,380 per year and a 9.7% CAP rate make this a good as gold long term investment in your future.
Location
State NJ
County Salem
Area Woodstown Boro (21715)
Zoning LC
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Cooling Central A/C
Flooring Carpet, Vinyl
Fireplace N
Heat Source Natural Gas
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone
Waterfront N
Water Access N
Roof Type Flat,Pitched,Shingle
Accessibility None
Road Frontage Boro/Township, State
Parking Type None
Garage N
Building
Building Description Plaster Walls, Kitchen,Sprinkler System
Sewer Public Sewer
Water Public
Structure Type Plaster Walls
New Construction N
Schools
School District Woodstown-Pilesgrove Regi Schools
Others
Tax ID 15-00022-00002
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Richard G Warner • Warner Real Estate & Auction Company
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "