117 W Merchant St Street, Audubon, NJ 08106

$299,900
2,080
SqFt
List Price
$299,900
Days on Market
11
Status
ACTIVE
MLS#
NJCD2002780
Living Area
2,080
Lot Size (Acres)
0.05
Style
Other
Year Built
1920
County
Camden
School District
Audubon Public Schools

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.

Additional Information

Area
Audubon Boro (20401)
Subdivision
Downtown
Taxes
$6440
Stories
2
School District
Audubon Public Schools
Elementary School
Mansion Avenue E.S.
Middle School
Audubon Jr-Sr
High School
Audubon H.S.
Flooring
Hardwood, Ceramic Tile, Vinyl
Heating
Baseboard - Electric, Other
Heating Fuel
Electric, Natural Gas
Cooling
Ductless/Mini-Split, Ceiling Fan(s), Window Unit(s)
Roof
Flat
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Compass New Jersey, LLC.