$357,000
$375,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
0.35 Acres Lot
SOLD DATE : 07/27/2023
Key Details
Sold Price $357,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NJAC2008942
Sold Date 07/27/23
Style Other
Originating Board BRIGHT
Year Built 1989
Annual Tax Amount $653
Tax Year 2022
Lot Size 0.350 Acres
Acres 0.35
Lot Dimensions 0.00 x 0.00
Property Description
HURRY! This multi-use property has many possibilities and the lucky buyer will make a great return on this investment. Located on the corner of Doughty and Delilah Road in Egg Harbor Township, this corner property has the best of both worlds. Building #1 features an office that can be used entirely as a business and bring in great rental income up to $5,000 a month or you could divide the building, rent out the upstairs as living quarters, and use it as a rental. Upstairs could be rented as a three bedroom, 1 full bath, it has a kitchen, and living room space. Upstairs could rent as much as $2500 a month and the office space up to $2500. You would have the best of both worlds. It's your choice. The main focus is to make money $$$ and these buildings could bring in as much as $7500 a month. This property is PRICED TO SELL so it makes financial sense to make this your best investment today! The office space downstairs it perfect for a business, it has great space, utility room and a 1/2 bath. Building #2 is a residential house that features 3 bedrooms and 2 full baths recently remodeled, all appliances, including washer and dryer, above ground tank, oil heat, a wood burning fireplace and a new septic system. Building #2's rents could range between $2100-$2500. There are two storage/work sheds, six* paved parking spaces and an unpaved parking area. The property has two entrances; one each off Delilah and Doughty Roads. The first floor also has a master bedroom with an en-suite full bathroom.
The second floor has two bedrooms, additional closet space and a full second bathroom with a shower. The house also has an electrified workshop (20'x16') in the rear with an over-head garage door, separate exhaust fan, counter space and cabinets. The rear yard is partially fenced for privacy from Delilah Road. The rear of the property exits onto Doughty Road.
The two-story office was built on a concrete block structure in 1988 and remodeled in 2003. The first floor is tile on a slab and contains a restroom, large meeting space and two separate office areas. There is a secure room with concrete block exterior walls (no windows), double basin utility sink, separate exhaust fan, steel entrance door, 3-hour rated sheet rock and a sprinkler system. This makes an excellent, secure storage space. The office has separate city water, electric, and gas heat, central air, 10 gallon electric hot water heater with a timer, separate septic system, timers for both exterior security lights and large lighted sign on Delilah Road. The second floor could be used as another living space, it has a full bath, a kitchenette area, one large front office that could be used as a living room, with three additional offices that could easily be converted into bedrooms, all furnished and carpeted with a programable Nest thermostat. You could live upstairs and rent out the office space downstairs or rent the entire building for $4,000- $5,000 a month. In one office there is a pull-down stairway for storage in the floored attic (crawlspace). An interior stairway connects the two floors along with an exterior rear stairway to the upstairs office area.
Included with the office is an exterior storage shed (10'x12') on a concrete slab.
This property is close to the airport and ideal for any delivery services; UPS, US Mail, and FedEx all have distribution centers nearby as it is close to all major roadways. It is also located on an NJ transit bus route. The zoning is light industrial, so open to a variety of businesses, including Cannabis, or any delivery service.
Location
State NJ
County Atlantic
Area Egg Harbor Twp (20108)
Zoning NR
Interior
Interior Features Kitchen - Eat-In
Hot Water Electric
Heating Forced Air, Other
Cooling Central A/C, Window Unit(s)
Equipment Dishwasher, Dryer, Stove, Refrigerator, Washer
Appliance Dishwasher, Dryer, Stove, Refrigerator, Washer
Heat Source Oil, Other
Exterior
Garage Spaces 3.0
Water Access N
Street Surface Black Top,Gravel
Accessibility Doors - Lever Handle(s), Level Entry - Main
Total Parking Spaces 3
Garage N
Building
Foundation Crawl Space, Slab
Sewer Public Septic
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Egg Harbor Township Public Schools
Others
Tax ID 08-00902-00003
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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