Elinor Watson - Coldwell Banker Hearthside
2 S Main St
WOODSTOWN, NJ 08098

Description

Reduced! Reduced !! Turn the key, and take the rents...This is the opportunity you've been waiting for. Situated at the signalized corner of Route 40 and S Main Street, this income producing property boasts 5 commercial units (first floor) and 3 residential units (second floor) Building has been upgraded to offer individual utilities per unit, except water & sewer, including new gas water heaters, electrical panel,monitoring fire alarm, residential apartment upgrades and recoating of roof to name a few. With over 14,000 VPD on Route 40, and public parking across the street and curbside on Main, you will be in line to reap the rewards of the sellers hard work. Property offers a CAP rate of 9.24%, Rent Roll available upon request.

Details

MLS#1004313625
StyleIndustrial
Sub-TypeResale
StatusActive
Year1922
Days On Site349

Features

SQ Feet8,100
Story(s)0
ZoningCOM

Market Activity 08098

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Area Information

StateNJ
CityWOODSTOWN
Zip Code08098
AreaWoodstown Boro (21715)
Listing VS Median (in 08098)
Price:
$472,900
low | high
Med:
$199,900
100% of Average
SqFt:
8,100
low | high
Med:
1,133
100% of Average
$ / SqFt:
$58
low | high
Med:
$44
74.415925968976% of Average
On Site:
349
low | high
Med:
146
100% of Average
Listing Updated: 12/09/2018
MLS Number: 1004313625
Listing Provided By:
Tammy M Rattacasa  of  Arrow Real Estate Services

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