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A unique opportunity for an owner-occupant or investor to own a building with a 1,700 +/- sq ft 1st floor office/multi-use space, three apartments, and 20 parking spaces, all within a stone's throw to the PATCO high speedline. The recently-remodeled 1st fl office (currently being used as a wellness center) contains three private offices , a large reception area and a versatile wide-open high-ceilinged 25' x 30' space with a sep entrance that is currently used as a yoga studio, The 2nd floor offers 3 apartments, providing over $34,000 in rental income(rents are currently undervalued!). Current Gross Income is over $60,000 but could easily be closer to 70k! Main entrance to the downstairs commercial space is adjacent to the large parking lot, and apartments have a private exterior entrance. Also, expansion for the first floor to open into the 2nd & 3rd floor would be easily accomplished. Building is located on a large 100 x 150 lot that would allow for expansion or development. ** Note - Expenses include taxes, insurance, utilities, vacancy & maintenance **
DAYS ON MARKET | 12 | LAST UPDATED | 12/13/2024 |
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YEAR BUILT | 1922 | COMMUNITY | Collingswood Boro (20412) |
COUNTY | CAMDEN | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
AREA | Collingswood Boro (20412) |
CONSTRUCTION | Metal Siding, Wood Siding |
HEAT | Forced Air, Natural Gas |
LOT | 0.34 acre(s) |
LOT DIMENSIONS | 100 x 150 |
SEWER | Public Sewer |
TAXES | 20888 |
UTILITIES | Cable Available, Natural Gas Available |
WATER | Public |
ZONING | Professional Office District |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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