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Key Details
Sold Price $745,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 15,540 sqft
Price per Sqft $47
MLS Listing ID NJSA136630
Sold Date 11/25/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1938
Annual Tax Amount $27,631
Tax Year 2020
Lot Size 0.355 Acres
Acres 0.31
Lot Dimensions 119 X 130
Property Description
NEW PRICE.... A Smart Investment. Looking for a replacement property to complete a 1031 exchange or a profitable investment property to add to your real estate portfolio? Check out this 13 unit mixed use building in desirable Woodstown (C-1 zoning district) with separate utilities and off-street recently paved parking area. The building in nearly 100% rented, consists of eight (8) apartments and five (5) retail tenants and offers the wise investor a nice return on investment. Great downtown location, well maintained by owners, long term tenants and four coin operated washer/dryer units for additional monthly income make this investment good as gold. The (5) retail space tenants pay for their electric and the (8) apartment tenants pay for their electric (all electric heat). Owners recent improvements include; NEW ROOF - 30 year GAF Timberline dimensional shingles over the entire roof (7/2020), painting exterior building (2019), removing carpet/installing laminate flooring, new asphalt (2") in rear parking area, installing custom corrugated metal ceiling tiles with recess lighting and much more...
Location
State NJ
County Salem
Area Woodstown Boro (21715)
Zoning C-1
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Flooring Carpet
Fireplace N
Heat Source Natural Gas, Electric
Exterior
Utilities Available Water Available, Sewer Available, Electric Available, Phone, Cable TV Available
Waterfront N
Water Access N
Roof Type Pitched,Shingle
Accessibility Mobility Improvements
Road Frontage Boro/Township
Parking Type None
Garage N
Building
Lot Description Corner
Building Description Other, Fire Escape
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Other
New Construction N
Schools
School District Woodstown-Pilesgrove Regi Schools
Others
Tax ID 15-00022-00017
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
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