1-3 Madison Avenue

    MOUNT HOLLY, NJ 08060
    • $229,900
    • STATUS: Active
    • ON SITE: 389 days
    • ID#: 1007543594
    UPDATED: 82 min ago
    $229,900
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1918
    County:

    School Ratings & Info

    Description

    MOTIVATED SELLER! Price adjustment of $30,000! Bring all offers! Great location and revenue source!Permitted uses: restaurants, bars, coffee shops, clothing retail, furniture retail, art galleries, hair and nail salons/barber shops, and similar type businesses. Commercial property with 2 apartment rentals above it is located right in the heart of historic Mt. Holly. This income producing property is looking for its next investor. Both apartment rentals are currently tenant occupied. Unit #1 is one bedroom, one bathroom, kitchen and living room with its rent at $850 per month. Unit #2 is two bedrooms, one bathroom, living and dining room, kitchen, washer and dryer with its rent at $992 per month. Plenty of parking in the rear of the property. Plenty of shopping nearby and major roadways nearby. Property being sold in as-is condition. Seller will make no repairs. Any and all inspections/certifications needed will be provided by the buyer(s). The property is located in a NJ Urban Enterprise Zone (UEZ) and may be eligible for many statewide taxation benefits. Learn more about this by visiting the NJ Department of Community Affairs website. Make an appointment today!

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    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-10-23T10:55:40.957.
    www.thedaileygroup.com/homes/88049181

    1-3 Madison Avenue MOUNT HOLLY, NJ 08060

    • Price: $229,900
    • Status: Active
    • Updated: 82 min ago
    • ID#: 1007543594
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    1918
    Built
    Neighborhood:
    Mount Holly Gardens
    County:
    Burlington
    Area:
    Mount Holly Twp (20323)
    School District:
    Mount Holly Township Public Schools
    Property Description
    MOTIVATED SELLER! Price adjustment of $30,000! Bring all offers! Great location and revenue source!Permitted uses: restaurants, bars, coffee shops, clothing retail, furniture retail, art galleries, hair and nail salons/barber shops, and similar type businesses. Commercial property with 2 apartment rentals above it is located right in the heart of historic Mt. Holly. This income producing property is looking for its next investor. Both apartment rentals are currently tenant occupied. Unit #1 is one bedroom, one bathroom, kitchen and living room with its rent at $850 per month. Unit #2 is two bedrooms, one bathroom, living and dining room, kitchen, washer and dryer with its rent at $992 per month. Plenty of parking in the rear of the property. Plenty of shopping nearby and major roadways nearby. Property being sold in as-is condition. Seller will make no repairs. Any and all inspections/certifications needed will be provided by the buyer(s). The property is located in a NJ Urban Enterprise Zone (UEZ) and may be eligible for many statewide taxation benefits. Learn more about this by visiting the NJ Department of Community Affairs website. Make an appointment today!
    Exterior Features

    Construction Materials Vinyl SidingBrick Direction Faces Northwest Garage YN No Location Type Downtown Parking Features Asphalt Driveway Parking Types Off Street Property Condition Average+ Riparian Rights YN No Road Responsibility Boro/Township Roof Shingle Sign On Property YN Y Topography List Level Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 2600.00 Cooling None Exclusions Negotiable Fireplace YN No Flooring Vinyl Heating Forced Air Heating YN Yes Inclusions Negotiable Net Square Feet 2600.00 Room List Master Bedroom

    Property Features

    Acceptable Financing ConventionalOther Accessibility Features None Annual Gross Expense 0.00 Association Expense 0.00 Association YN No Building Permits Unknown Business Type Apartment Building Central Air YN No Condo YN No Cooling Fuel Natural Gas Cross Street King Street Electric Expense 0.00 Exterior Amenities Transport Public Transport Nearby Foundation Details Stone Gross Income 45000.00 Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Mount Holly Twp Insurance Expense 0.00 Lease Considered YN No Load 1 - 5 Grade Maintenance Expense 0.00 Navigable Water YN N Net Operating Income 0.00 New Construction YN No Operating Expense 0.00 Operating Expense Includes Trash Original MLSNumber 300746762894:TREND Other Expense 0.00 Owner Pays None Ownership Interest Other Possession Immediate Property Sub Type Retail Sale Includes Land And Building Sale Type Standard Sewer Public Sewer Tax Annual Amount 5864.0 Tax Assessment Amount 199500.0 Tax Lot 00005 Tenant Pays ElectricityGasWaterHot Water Total Actual Rent 0.00 Trash Expense 0.00 Utilities Water AvailableSewer AvailableNatural Gas AvailableElectric AvailablePhoneCable Tv Available Vacation Rental YN No Water Source Public Zoning B1

    Listing courtesy of Weichert Realtors-Cherry Hill.
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-10-23T10:55:40.957.
     
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