$300,000
$299,900
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117 W MERCHANT ST Audubon, NJ 08106
2,080 SqFt
Key Details
Sold Price $300,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,080 sqft
Price per Sqft $144
MLS Listing ID NJCD2002358
Sold Date 10/01/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $6,440
Tax Year 2020
Lot Size 2,000 Sqft
Acres 0.05
Lot Dimensions 16.00 x 125.00
Property Description
LOW TAXES, Low Maintenance and Very well Maintained INVESTMENT Opportunity! This fully rented multi-use triplex is located in the heart of Audubon on bustling Merchant Street the building benefits from being in the center of a collection of thriving businesses with plenty of street AND public parking lot parking! The first floor beautiful fully rehabbed retail shop is a popular established barber shop with a lease in place through June, 2024. This unit has full access to the full dry basement. Behind the shop with a separate rear entry is a main level studio apartment with a long term renter (who would like to stay) and is currently on a month to month lease. On the second level also with a separate entry is a 2 bedroom updated apartment with hardwood flooring, generous size rooms, light and bright with tons of natural sunlight with a washer and dryer. and a lease ending January 31, 2022. Out back there is a double driveway able to accommodate at least 4 cars. Annual rent brings $31,920 but could be much more. Convenient downtown location close to restaurants, brewery's, transportation, major highways, bridges and airport. Philly is just 7 minutes away! Monthly RENTS: Retail $800 - June 30 2024; Studio $585 month to month; 2 bedroom upper $1275 Jan 31, 2022. Roof, Hot Water Heater & driveway 4 years young. Upgraded electric - NO knob & tube.
Location
State NJ
County Camden
Area Audubon Boro (20401)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Baseboard - Electric, Other
Cooling Central A/C, Ceiling Fan(s), Ductless/Mini-Split
Flooring Hardwood, Ceramic Tile, Vinyl
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Water Access N
Roof Type Flat
Accessibility None
Total Parking Spaces 4
Garage N
Building
Lot Description Level
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Mansion Avenue School
Middle Schools Audubon Jr-Sr
High Schools Audubon H.S.
School District Audubon Public Schools
Others
Tax ID 01-00066-00002 01
Ownership Fee Simple
SqFt Source Assessor
Security Features 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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Bought with Glen Ellen Carpino • Weichert Realtors - Moorestown
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