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501 S Broadway

GLOUCESTER CITY, NJ 08030
  • $299,900
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: NJCD2047940
UPDATED: 136 min ago
$299,900
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,200
    SQFT
  • $250
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Information

Description

Mixed use corner property with one residential unit and one commercial unit. Conveniently located on the main road in Gloucester City which provides great exposure and a quick commute to Philadelphia. First floor commercial unit with large showcase windows and half bath is currently occupied by a long-term tenant. The second-floor residential unit boasts a bright, spacious one bedroom, one bathroom apartment with ample natural light and closet space and is tenant occupied. The full basement which is accessible by both units via exterior BILCO doors is perfect for added storage space and it houses the utilities. There is also a small patio area on the rear of the building. There are three 100amp electric panels and three electric meters, two gas meters, one new heating system Oct 2022 with two zones, one hot water heater and one fire alarm monitoring system. Both units are currently under lease agreement. Excellent investment opportunity with positive cash flow.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Holloway Real Estate Group | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-01T23:52:37.897.
www.njhousehunter.com/homes/139726772
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501 S Broadway GLOUCESTER CITY, NJ 08030

  • Price: $299,900
  • Status: Active
  • On Site: 13 Days
  • Updated: 136 min ago
  • ID#: NJCD2047940
0
Beds
0
Baths
0
½ Baths
0.02
Acres
1,200
SQFT
$250
$/SQFT
1922
Built
Neighborhood:
Gloucester City (20414)
County:
Camden
Area:
Gloucester City (20414)
High School:
Gloucester City Junior Senior
School District:
Gloucester City Schools
Property Description
Mixed use corner property with one residential unit and one commercial unit. Conveniently located on the main road in Gloucester City which provides great exposure and a quick commute to Philadelphia. First floor commercial unit with large showcase windows and half bath is currently occupied by a long-term tenant. The second-floor residential unit boasts a bright, spacious one bedroom, one bathroom apartment with ample natural light and closet space and is tenant occupied. The full basement which is accessible by both units via exterior BILCO doors is perfect for added storage space and it houses the utilities. There is also a small patio area on the rear of the building. There are three 100amp electric panels and three electric meters, two gas meters, one new heating system Oct 2022 with two zones, one hot water heater and one fire alarm monitoring system. Both units are currently under lease agreement. Excellent investment opportunity with positive cash flow.
Exterior Features

Architectural Style Other Construction Materials BrickBlock Exterior Features SidewalksStreet Lights Garage YN No Location Type Corner Lot/Unit Lot Features Corner Parking Features Public Parking Types On Street Pool No Pool Riparian Rights YN No Roof FlatAsphalt Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1200 Appliances RefrigeratorOven/Range - Gas Cooling Ceiling Fan(S) Exclusions Tenant's Possessions Heating Baseboard - Hot Water Heating YN Yes Inclusions Unit 2 Kitchen Appliances Interior Features Ceiling Fan(S) Security Features Carbon Monoxide Detector(S)Smoke DetectorFire Detection System Single Room Units 1 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Acceptable Financing CashConventionalFhaVa Accessibility Features None Assessment Year 2021 Central Air YN No Cooling Fuel Electric Existing Lease Type Yearly Foundation Details Block Heating Fuel Natural Gas Hot Water Natural Gas Insurance Expense 1600.00 Municipality Gloucester City Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Number Of Units Vacant 0 Original MLSNumber 802356279920 Other Expense 1800.00 Owner Pays SewerWaterInsuranceSnow Removal Ownership Interest Fee Simple Possession Immediate Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type End Of Row/Townhouse Tax Annual Amount 4001.00 Tax Assessment Amount 85900.00 Tax Lot 00020 Total Actual Rent 25200.00 Vacation Rental YN No Water Source Public Zoning Commercial/Mix Use

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Holloway Real Estate Group | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-01T23:52:37.897.
 
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Holloway Real Estate Group | eXp Realty
102 Centre Blvd. Suite J
Marlton NJ, 08053