501 S BROADWAY Active

Gloucester City,NJ 08030

$ 318200

- Bed

- Bath

884 SqFt


Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 884 sqft

Price per Sqft $359

Subdivision Pine Grove

MLS Listing ID NJCD2100704

Style Traditional

Abv Grd Liv Area 1,200

Year Built 1922

Annual Tax Amount $4,306

Tax Year 2024

Lot Size 884 Sqft

Acres 0.02

Lot Dimensions 17.00 x 52.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

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. Spacious 2nd floor 1 Bedroom 1 Bathroom apartment. Private entrance. Recently renovated throughout. Featuring an open floor plan with a spacious living room and an updated kitchen with new shaker cabinets, stainless steel kitchen appliances, upgraded countertops new luxury vinyl flooring throughout and a large primary bedroom with two closets. Unit has a new compact washer and dryer in the main bathroom. 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. Commerical Listing MLS NJCD2100720

Location

State NJ

County Camden

Area Gloucester City (20414)

Zoning 4A COMMERCIAL

Rooms

Basement Full

Interior

Interior Features Bathroom - Tub Shower,Combination Dining/Living,Floor Plan - Open,Kitchen - Eat-In,Recessed Lighting,Store/Office,Upgraded Countertops

Hot Water Natural Gas

Heating Baseboard - Hot Water,Baseboard - Electric

Cooling Window Unit(s),Ceiling Fan(s)

Flooring Luxury Vinyl Plank

Inclusions Compact Washer/dryer, Kitchen appliances

Equipment Built-In Microwave,Dishwasher,Oven/Range - Electric,Refrigerator,Dryer,Washer

Fireplace N

Appliance Built-In Microwave,Dishwasher,Oven/Range - Electric,Refrigerator,Dryer,Washer

Heat Source Natural Gas,Electric

Exterior

Exterior Feature Patio(s)

Water Access N

Roof Type Asphalt,Flat

Accessibility None

Porch Patio(s)

Garage N

Building

Lot Description Corner,Rear Yard

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District Gloucester City Schools

Others

Tax ID 14-00125-00020

Ownership Fee Simple

SqFt Source Assessor

Security Features Fire Detection System,Carbon Monoxide Detector(s),Smoke Detector

Acceptable Financing Cash,Conventional,FHA,VA

Listing Terms Cash,Conventional,FHA,VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

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