$625,000
$650,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
0.67 Acres Lot
SOLD DATE : 02/29/2016
Key Details
Sold Price $625,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1002721352
Sold Date 02/29/16
HOA Y/N N
Originating Board TREND
Year Built 1985
Annual Tax Amount $12,492
Tax Year 2015
Lot Size 0.670 Acres
Acres 0.67
Lot Dimensions .0X0
Property Description
This property is not a short sale but a receivership that requires 3rd party approval through the courts. This 12 unit building consists of 3 commercial suites, and 9 residential 2 bed room units. There is a paved parking lot. Tenants pay their own gas heat, electric bills, and trash removal fees. The building is presently bringing in $4,800.00 with some vacancies, potential for another approximate $3,500 income with all units rented.
Location
State NJ
County Salem
Area Quinton Twp (21712)
Zoning CMM
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Fireplace N
Exterior
Waterfront N
Water Access N
Accessibility None
Road Frontage State
Parking Type None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Salem City Schools
Others
Tax ID 12-00003-00016
Ownership Fee Simple
Special Listing Condition Third Party Approval
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Bought with Gabriele E Steffen • American Dream Realty of South Jersey
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "