Blackwood, NJ 08012,22 N BLACK HORSE PIKE
Blackwood, NJ 08012,22 N BLACK HORSE PIKE
Blackwood, NJ 08012,22 N BLACK HORSE PIKE
$235,000
Est. payment /mo
$279,900
16.0%
Est.Price: ?

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3,724 SqFt
SOLD DATE : 07/01/2022

Key Details

Sold Price $235,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 3,724 sqft

Price per Sqft $63

MLS Listing ID NJCD2024650

Sold Date 07/01/22

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $10,404

Tax Year 2020

Lot Size 3,724 Sqft

Acres 0.09

Lot Dimensions 113.00 x 32.94

Property Description

First time offered in 33 years! What does that tell you?
Six (6) unit income producing property. Two commercial units and 4 residential units. Fully leased. All for several years! Commercial Unit 1: Store front, open room, powder room and storage area. Commercial Unit 2: Music studio, 5 small sound studio rooms and a powder room. Apartment D - 1st Floor: living room, kitchen, 2 bedrooms and bath. Second Floor. Apartment B: 1 bedroom, 1 kitchen, 1 living room, 1 bath. Apartment B : 1 bedroom, 1 kitchen, 1 living room, 1 bath. Apartment A: 2 bedrooms, 1 kitchen, 1 bath. Projected: FULL SERVICE NOI $16,589 Cap Rate 6.25% Est Value $265,423. SELF MANAGED NOI
$18,891 Cap Rate 6.25% Est Value $302,253. Trying to get into the real estate investment markets? Eliminate the “full management fee” and increase your value bargain price by $27,000. What a great opportunity for a real estate investor!

Location

State NJ

County Camden

Area Gloucester Twp (20415)

Zoning MIXED

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling Window Unit(s)

Heat Source Oil

Exterior

Garage Spaces 1.0

Waterfront N

Water Access N

Accessibility None

Parking Type On Street, Driveway

Total Parking Spaces 1

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Black Horse Pike Regional Schools

Others

Tax ID 15-10606-00004

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Wanda L McIlvaine • BHHS Fox & Roach-Mullica Hill South
Bought with Wanda L McIlvaine • BHHS Fox & Roach-Mullica Hill South

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Karen Wilkinson

+1(732) 599-1938

Agent | License ID: 0343436

Agent License ID: 0343436

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