Remarks

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 sq.ft 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 sq.ft.) is 1BR 1BA $1050/mo and was also recently updated. Upstairs apartment (1345 sq.ft.) 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.

Details

MLS#: NJCD2069326
Price: $299,900

Year Built: 1925

County: CAMDEN
Tax Fee: 5590.0