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Key Details
Sold Price $125,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NJGL268132
Sold Date 02/05/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1947
Annual Tax Amount $6,885
Tax Year 2020
Lot Dimensions 43.00 x 148.00
Property Description
GREAT INVESTMENT FOR THE SAVVY BUYER!! This Block/Brick property is zoned COMMERCIAL and offers two store front offices on lower level; Unit 1 has a tenant (Jackson Hewitt) paying rent of $1,248.48 monthly until 4/30/21 (with a 2 year extension option of $1,298.91 monthly). Unit 2 is currently vacant. Both units are well kept and feature commercial carpeting, laminate flooring, a powder room, drop ceilings and a kitchen area. Plenty of storage is available in the basement (w/bilco doors for ease of access). The upper level has been gutted. With township approvals, great opportunity to add 2 residential units above the Commercial space; projected rental income is $1,250.00 per unit if executed or you may desire to keep it commercial. The projected monthly revenue for this property is $5,000.00 +/-. Property is located on a busy main street in the downtown business district of Paulsboro, that is conveniently located to major roadways into Philadelphia and points North and South. Why not pay us a visit to see what we have to offer YOU?!! This property is also being advertised under Bright MLS RES (#NJGL268190) and MULTI (#NJGL268202).
Location
State NJ
County Gloucester
Area Paulsboro Boro (20814)
Zoning COM
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Carpet, Laminated
Heat Source Oil
Exterior
Utilities Available Natural Gas Available, Sewer Available, Water Available, Electric Available, Cable TV Available, Phone Available
Water Access N
Accessibility None
Garage N
Building
Lot Description Level
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Paulsboro Public Schools
Others
Tax ID 14-00104-00006
Ownership Other
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Other
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Bought with Michael J DeFillippis • RE/MAX Connection Realtors