$370,126
$409,777
9.7%For more information regarding the value of a property, please contact us for a free consultation.
1504-1508 KINGS HWY Swedesboro, NJ 08085
2,700 SqFt
Key Details
Sold Price $370,126
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $137
MLS Listing ID NJGL2030150
Sold Date 12/07/23
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $9,312
Tax Year 2022
Lot Size 6,909 Sqft
Acres 0.16
Lot Dimensions 47.00 x 147.00
Property Description
Don't miss out on this Great Income Generating Opportunity! This triplex features two store-fronts and a 1 bedroom 2nd floor apartment, each with a separate entrance. Both storefronts feature glass display windows for high visibility, measure approx 1100 sq ft+ and 900 sq ft+, and have their own bathroom and basement . One storefront is currently leased to a barber shop paying $1,100 on a month to month basis, and the other unit is vacant and is currently listed for rent at $1,590/month. The 1 bedroom apartment is currently rented for $924 on a yearly lease expiring towards the end of October 2023. All 3 units have separate meters for gas/electric and the HVAC systems are approximately 8 yrs old. The largest roof is approximately between 14-20 years old, the flat roof is 2.5 years old, and the third roof is 4 years old. These units are in great shape and have been well maintained. In addition to public street parking, the units also have their own parking lot behind the building which holds about 6 vehicles. There is a trailer parked in the lot temporarily and will be removed before settlement. The Seller is requiring that a current pre-approval or proof of funds be submitted before a showing request will be confirmed. Showings can be requested for Sun 11-4, Mon 10-2:30, and Wed 10-2:30.
Location
State NJ
County Gloucester
Area Swedesboro Boro (20817)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 6.0
Waterfront N
Water Access N
Accessibility 2+ Access Exits
Parking Type Parking Lot, On Street
Total Parking Spaces 6
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Swedesboro-Woolwich Public Schools
Others
Tax ID 17-00039-00010
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Carmela Cetkowski • EXP Realty, LLC