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Key Details
Sold Price $849,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,376 sqft
Price per Sqft $157
MLS Listing ID NJGL2009832
Sold Date 05/23/22
Originating Board BRIGHT
Year Built 1958
Annual Tax Amount $18,086
Tax Year 2021
Lot Size 7,650 Sqft
Acres 0.18
Lot Dimensions 50.00 x 153.00
Property Description
Excellant opportunity! Property is a 2-story, 8-unit, residential apartment building, located in the business district of the Borough of Westville, Gloucester County, NJ. The exterior is brick in block on slad, pitched shingle roof, aluminum downspouts and gutters, relatively new double-hung windows, various wall or window aid conditioning units, SEPARATE gas and electric meters Interior contains hot water baseboard heat in each unit, all units consisting of one bedroom, living room, eat-in kitchen, and one full bathroom. All units are well maintained. Parking is on and off street; on site paved parking for approximately 10 cars. Easement for ingress and egress through adjacent land to Willow Drive, in addition to entrance direstly from Broadway to rear parking. Excellent opportunity for any investor. Cap rate is 8%. PLEASE DO NOT APPROACH TENANTS. ANy questions should be directed to listing agent. Listing agent to be present for all showings. PROOF OF FUNDS MUST BE SHOWN PRIOR TO ANY SHOWING.
Location
State NJ
County Gloucester
Area Westville Boro (20821)
Zoning COMMERICAL
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Utilities Available Cable TV, Water Available, Sewer Available, Natural Gas Available, Multiple Phone Lines, Electric Available
Waterfront N
Water Access N
Accessibility None
Parking Type Parking Lot, On Street
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Westville Public Schools
Others
Tax ID 21-00050-00002
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Private, Conventional
Listing Terms Cash, Private, Conventional
Financing Cash,Private,Conventional
Special Listing Condition Standard
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Bought with Sidney Benstead • BHHS Fox & Roach-Marlton
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