Swedesboro, NJ 08085,1504-1508 KINGS HWY
Swedesboro, NJ 08085,1504-1508 KINGS HWY
Swedesboro, NJ 08085,1504-1508 KINGS HWY
Swedesboro, NJ 08085,1504-1508 KINGS HWY
Swedesboro, NJ 08085,1504-1508 KINGS HWY
Swedesboro, NJ 08085,1504-1508 KINGS HWY
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$370,126

$409,777

9.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2,700 SqFt


SOLD DATE : 12/07/2023

Key Details

Sold Price $370,126

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $137

MLS Listing ID NJGL2030150

Sold Date 12/07/23

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $9,312

Tax Year 2022

Lot Size 6,909 Sqft

Acres 0.16

Lot Dimensions 47.00 x 147.00

Property Description

Don't miss out on this Great Income Generating Opportunity! This triplex features two store-fronts and a 1 bedroom 2nd floor apartment, each with a separate entrance. Both storefronts feature glass display windows for high visibility, measure approx 1100 sq ft+ and 900 sq ft+, and have their own bathroom and basement . One storefront is currently leased to a barber shop paying $1,100 on a month to month basis, and the other unit is vacant and is currently listed for rent at $1,590/month. The 1 bedroom apartment is currently rented for $924 on a yearly lease expiring towards the end of October 2023. All 3 units have separate meters for gas/electric and the HVAC systems are approximately 8 yrs old. The largest roof is approximately between 14-20 years old, the flat roof is 2.5 years old, and the third roof is 4 years old. These units are in great shape and have been well maintained. In addition to public street parking, the units also have their own parking lot behind the building which holds about 6 vehicles. There is a trailer parked in the lot temporarily and will be removed before settlement. The Seller is requiring that a current pre-approval or proof of funds be submitted before a showing request will be confirmed. Showings can be requested for Sun 11-4, Mon 10-2:30, and Wed 10-2:30.

Location

State NJ

County Gloucester

Area Swedesboro Boro (20817)

Zoning COMMERCIAL

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 6.0

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 6

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Swedesboro-Woolwich Public Schools

Others

Tax ID 17-00039-00010

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Austin Cennimo • Weichert Realtors-Burlington
Bought with Carmela Cetkowski • EXP Realty, LLC
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