$225,000
$225,000
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2,116 SqFt
SOLD DATE : 12/20/2021
Key Details
Sold Price $225,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,116 sqft
Price per Sqft $106
Subdivision Downtown
MLS Listing ID NJCD2004672
Sold Date 12/20/21
Style Colonial
HOA Y/N N
Abv Grd Liv Area 2,116
Originating Board BRIGHT
Year Built 1927
Annual Tax Amount $6,276
Tax Year 2021
Lot Size 2,000 Sqft
Acres 0.05
Lot Dimensions 20.00 x 100.00
Property Description
LOW TAXES, Low Maintenance and well maintained INVESTMENT Opportunity. This Fully rented multi use TRIPLEX is located in the heart of Oaklyn on bustling Clinton Avenue. This building benefits from being in the center of a collection of thriving businesses with plenty of street AND public parking. The first floor beautiful fully rehabbed retail shop is a popular established Barber Shop with a lease in place through June, 2024. Behind the shop with a separate front entry is a main level office space with 2 large rooms, large foyer/entry, full bath, kitchenette area and additional access to large patio and parking. This tenant is currently month to month. On the second level also with a separate entry from the rear is a 2 bedroom apartment with hardwood flooring, generous size rooms, high ceilings, deck, tons of natural sunlight with a washer and dryer and a lease ending August 1, 2022. There is a full basement with good head heights for tons of storage. In the rear of the building is a double driveway able to accommodate 2 cars. NEW electrical panels (NO knob & tube), fire monitoring system has a new cellular modem uplink module, two NEW hot water heaters, remote camera for monitoring basement heating and hot water heaters. Convenient downtown location close to restaurants, brewery's, transportation, major highways, bridges and airport. Philadelphia is just 7 minutes away! Property is in good condition however it is being sold in As Is condition.
Total monthly rents 2021 ($2,225) Barber shop $575; Rear Office $400; Upper 2 Bed Apt $1,250
Total Monthly Income $2,225 - Total Monthly Expenses $839.75= $1,385.25 Monthly PROFIT
Location
State NJ
County Camden
Area Oaklyn Boro (20426)
Zoning COMMERCIAL - MIXED USE
Rooms
Basement Full, Interior Access, Poured Concrete, Unfinished
Interior
Interior Features Ceiling Fan(s), Stall Shower, Store/Office, Tub Shower, Window Treatments, Wood Floors
Hot Water Natural Gas
Heating Radiator
Cooling Ceiling Fan(s), Window Unit(s)
Flooring Hardwood, Laminated, Vinyl
Equipment Washer, Dryer, Water Heater
Fireplace N
Appliance Washer, Dryer, Water Heater
Heat Source Natural Gas
Exterior
Exterior Feature Patio(s)
Garage Spaces 22.0
Waterfront N
Water Access N
Accessibility None
Porch Patio(s)
Parking Type Driveway, On Street, Parking Lot
Total Parking Spaces 22
Garage N
Building
Lot Description Level
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Oaklyn E.S.
Middle Schools Collingswood M.S.
High Schools Collingswood Senior H.S.
School District Collingswood Borough Public Schools
Others
Tax ID 26-00021-00003
Ownership Fee Simple
SqFt Source Assessor
Security Features Carbon Monoxide Detector(s),Electric Alarm,Fire Detection System,Monitored,Smoke Detector
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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