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Pennsville,NJ 08070
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,568 sqft
Price per Sqft $123
Subdivision Central Park
MLS Listing ID NJSA2013230
Originating Board BRIGHT
Year Built 1947
Annual Tax Amount $16,976
Tax Year 2024
Lot Size 8,986 Sqft
Acres 0.21
Lot Dimensions 107.00 x 0.00
Property Description
Mixed-use multi-unit property is a fantastic find for investors seeking consistent cash flow. Located in Pennsville Township, this versatile property features five residential rental units (majority currently leased) and one commercial storefront (vacant), offering multiple streams of income. Situated within walking distance to restaurants, a grocery store, numerous retail shops, and a gym, the property boasts convenience and accessibility for both tenants and business owners alike. The commercial storefront is ideal for a small business, offering visibility and foot traffic in a thriving community. The residential units are well-suited for long-term tenants, with the area's amenities and location ensuring high demand. While the property may require some renovations and minor updates to bring it back to its glory, this is your chance to add value and customize the space to maximize returns. Don't miss out on this incredible opportunity to own a versatile, income-generating property. Tenant occupied. Property sold in as is condition.
Location
State NJ
County Salem
Area Pennsville Twp (21709)
Zoning 04
Interior
Hot Water Electric
Heating Forced Air
Cooling None
Flooring Fully Carpeted,Vinyl
Inclusions Refrigerator, Range
Heat Source Electric
Exterior
Garage Spaces 10.0
Water Access N
Roof Type Pitched
Accessibility None
Total Parking Spaces 10
Garage N
Building
Lot Description Corner
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Pennsville Township Public Schools
Others
Tax ID 09-01101-00007
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash
Financing Conventional,Cash
Special Listing Condition Standard