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Key Details
Sold Price $205,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Subdivision Merchantville Border
MLS Listing ID NJCD399590
Sold Date 12/23/20
Style Colonial
HOA Y/N N
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $6,157
Tax Year 2020
Lot Size 9,000 Sqft
Acres 0.21
Lot Dimensions 60.00 x 150.00
Property Description
Attention investors and/or an owner looking for a home with your own store front attached. This unique but highly useful property is a rare find. You have two residential apartments plus a commercial store front/storage space. When all three units are rented the income is $28,800 per year. The upstairs tenants pay $700 which is low because they've been there for 7 years. The place is usually fully rented but when the downstairs tenants vacated after a 5 year rental period the owner decided to leave the place empty in case an interested buyer wants to owner occupy . The downstairs unit includes an open front porch, living room/dining room combination with wood floors, an upgraded eat in kitchen with a breakfast bar, a newly remodeled ceramic tile bath, a large laundry/storage room a good sized master bedroom with double closets, a full basement, and an excellent size back yard with a large shed for additional storage (usually rents for $1200). The upstairs unit is a one bedroom with a living room and eat in kitchen. The store is a good sized office/reception area and a large storage area behind (rents for $500). This could have many uses. The last store was an antique slot machine dealer so there's a ramp to access the storage area if needed. The income is good, it's a very desirable location very close to down town Merchantville and the building is in good shape.
Location
State NJ
County Camden
Area Pennsauken Twp (20427)
Zoning COMMERCIAL
Rooms
Basement Full
Interior
Interior Features Additional Stairway, Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space, Tub Shower, Wood Floors
Hot Water Natural Gas
Heating Radiator
Cooling Wall Unit
Flooring Carpet, Ceramic Tile, Hardwood
Equipment Built-In Microwave, Built-In Range, Dishwasher, Dryer - Gas, Microwave, Oven/Range - Gas, Refrigerator, Washer
Fireplace N
Appliance Built-In Microwave, Built-In Range, Dishwasher, Dryer - Gas, Microwave, Oven/Range - Gas, Refrigerator, Washer
Heat Source Natural Gas
Exterior
Exterior Feature Deck(s), Porch(es)
Garage Spaces 3.0
Water Access N
Accessibility None
Porch Deck(s), Porch(es)
Total Parking Spaces 3
Garage N
Building
Lot Description Rear Yard
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Pennsauken Township Public Schools
Others
Tax ID 27-05014-00011
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash, Other
Listing Terms Conventional, Cash, Other
Financing Conventional,Cash,Other
Special Listing Condition Standard
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Bought with Leovaris Perdomo • The Property Alliance LLC
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