112 S BROADWAY Active

Gloucester City,NJ 08030

$ 200000

- Bed

- Bath

1581 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,581 sqft

Price per Sqft $126

MLS Listing ID NJCD2067892

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $4,093

Tax Year 2023

Lot Size 1,581 Sqft

Acres 0.04

Lot Dimensions 20.00 x 79.00

Property Description

πŸ’²PRICE IMPROVEMENT!

πŸ”‘ Calling all investors! This mixed-use property in Gloucester City is now available!

πŸ“ˆ Fully leased and boasting potential value-add, this property is perfect for expanding your portfolio or diving into your first investment venture.

πŸͺ The first-floor commercial storefront is freshly leased on a long-term 3-year agreement until 3/28/27, currently yielding $900/month with a built-in 5% annual rent escalation.

🏠 Upstairs, a spacious 1-bedroom apartment awaits, currently leased at $1,175/month until 8/31/24.

πŸ› οΈ Major renovations were completed within the past 2 years, including a new roof, HVAC system, and interior upgrades, ensure a hassle-free investment experience.

πŸ’Ό Serious inquiries only, call now for further details and secure your piece of this lucrative investment opportunity!

Location

State NJ

County Camden

Area Gloucester City (20414)

Zoning COMMERCIAL

Interior

Hot Water Natural Gas

Heating Central

Cooling None

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

Waterfront N

Water Access N

Accessibility 2+ Access Exits,32\"+ wide Doors

Parking Type On Street

Total Parking Spaces 4

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Gloucester City Schools

Others

Tax ID 14-00138 01-00007

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash,Private,Conventional

Listing Terms Cash,Private,Conventional

Financing Cash,Private,Conventional

Special Listing Condition Standard

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