513 N White Horse Pike

Description

Opportunities seem far & few between. Receiving a positive cash flow seems far away. But this 2.5 story building with two to three units solves the problem. Flexible floor plan where you can tailor to fit your needs. Most is finding Location Location Location which this property diffidently has. Check the Documents section to view the building's floor plans, Location map and more. Located on Rt 30 the White Horse Pike, which over the last 2+ years has experiencing almost a total transition. This site is 1.4 miles +- from Jefferson Hospital & the Rowan University Medical Center, 1.3 miles +- from the PATCO Transportation Complex. Commercial, Business and new housing developments abound. Parking a problem? No! 20 spots with easy expansion to 22 car parking The second floor was just renovated. You have an open floor plan apartment, containing living room, dining area, 2 bedroom's 1 bath along with a walk up loft, den or office. The first floor contains approximately 1,064 +-square feet to do what you wish. There is an option to rent to the existing tenant that is on a month to month lease. The yearly lease expired September 30, 2024. A tenant since 2005, professional office, light use, renting 386 + - square feet, including a powder room at $695.00 a month with utilities included, The tenant will sign a 1 year lease with a 5 year option. The tenant is on a month to month lease and will vacate prior to closing if need be. This is an as is sale. Inspections were completed in 2024.Buyer is responsible for all inspections and certificates prior to closing.