UPDATED:
11/18/2024 03:08 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Historic District
MLS Listing ID NJBL2076678
Originating Board BRIGHT
Year Built 1875
Annual Tax Amount $11,487
Tax Year 2024
Lot Size 0.285 Acres
Acres 0.29
Lot Dimensions 60.00 x 207.00
Property Description
With the groundwork already underway, this property has been cleaned out from its original state, and studs have been erected according to engineering plans, setting the stage for a seamless transformation.
Boasting the ability to generate between $90,000 and $110,000 annually, it features eight office spaces and two residential units, making it a highly versatile investment.
Alternatively, you have the potential to change the property to 4 residential units under local zoning laws. Or if you're ready to work with the state, you can bring the property into full compliance with residential standards and transform it into a 7- or 8-unit residential building for even more effortless yearly income potential.
Whether you're planning a tailored renovation or a complete residential conversion, this gem is ready to shine.
Don’t miss this opportunity to unlock its full earning potential and make it the crown jewel of your portfolio!"
Location
State NJ
County Burlington
Area Mount Holly Twp (20323)
Zoning OB
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Utilities Available Natural Gas Available
Waterfront N
Water Access N
View Street
Street Surface Black Top
Accessibility None
Road Frontage Boro/Township
Total Parking Spaces 10
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Mount Holly Township Public Schools
Others
Tax ID 23-00053-00048
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, FHA 203(k), Cash
Listing Terms Conventional, FHA 203(k), Cash
Financing Conventional,FHA 203(k),Cash
Special Listing Condition Standard
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Brian Collini
Broker of Record / Owner | License ID: 1324485/0455485
Broker of Record / Owner License ID: 1324485/0455485