465467 Broadway S, Gloucester City NJ 08030 (Off Market)

For Sale, USD 240,000
(Off Market)


465467 Broadway S, Gloucester City NJ 08030,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 2,760 ft² / 256 m²

Land Size : N/A

Bedroom : 1

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

Discover a lucrative investment opportunity with this 3-unit mixed-use property boasting a potential cap rate exceeding 11%. Benefit from the stability of long-term tenants in the two commercial units, including a Hair Salon with a 7-year tenure and an office occupied for 5 years. The spacious 3-bedroom unit on the second floor awaits your personal touch with flooring and bathroom upgrades, featuring a convenient mud/laundry room entrance. Comparable three-bedroom units in Gloucester City command rents of $1800+, ensuring a promising return on investment. Enjoy peace of mind with recent property upgrades, including a 2012 roof replacement, 2021 heater replacements, and a 2018 electric box update. Don't miss out on this exceptional opportunity on Broadway. Please find P&L in documents.
More
465467 Broadway S, Gloucester City NJ 08030, United States,New Jersey,Gloucester City is a 2,760ft² Gloucester City luxury Multi-Family Home listed for sale USD 240,000. This high end Gloucester City Multi-Family Home is comprised of 1 bedrooms and 0 baths. Find more luxury properties in Gloucester City or search for luxury properties for sale in Gloucester City.