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Key Details
Sold Price $850,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 14,000 sqft
Price per Sqft $60
Subdivision Browns Mills
MLS Listing ID NJBL222026
Sold Date 07/02/19
HOA Y/N N
Originating Board TREND
Year Built 1940
Annual Tax Amount $13,906
Tax Year 2018
Lot Size 0.839 Acres
Acres 0.84
Lot Dimensions 0X0
Property Description
Excellent location in center of Browns Mills close to all retail and just down the street from the Deborah Center. 17 units total in this complex with excellent rental history and total rent of $168,900 per year. 10 spacious studio apartments and 7-1 Bedroom apartments, many of the apartments have been upgraded throughout. State green card just 1 year new, clean Phase (1) from when owner purchased, large parking area for tenants in rear and side of property. Landlord pays all expenses for the building $59,081 for year. Great income producing property that's a must see!
Location
State NJ
County Burlington
Area Pemberton Twp (20329)
Zoning MULTI
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Oil
Heating Other
Cooling None
Flooring Tile/Brick, Wood, Carpet, Vinyl
Fireplace N
Heat Source Oil
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Water Access N
Accessibility Other
Road Frontage Boro/Township
Garage N
Building
Sewer Public Sewer
Water Public
Structure Type Paneled Walls,Other
New Construction N
Schools
School District Pemberton Township Schools
Others
Tax ID 29-00406-00020 01
Ownership Other
Special Listing Condition Standard
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Bought with Sidney Benstead • BHHS Fox & Roach-Marlton