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Leases have just been increased and renewed for easy financing with long term written leases in place. This 5 unit mixed use building has no current vacancies and the leases total $87,900 annually. The current projected CAP rate based on income and expenses is 8.5%. This building has 3 residential apartments and 2 retail storefronts all with long term leases. Several updates have been made but there's still more room for growth and increased rent with full market potential exceeding $95,000 annually. Units are as follow: Apt 1 one bed one bath, Apt 2 one bed 1one bath, Apt 3 Three bed one bath, Storefront A Nail Salon, Storefront B Art/Tattoo studio. Tenants pay their own utilities for gas, heat, electric, hot water, and even sub-metered water. Additional details are available upon request.
| DAYS ON MARKET | 0 | LAST UPDATED | 5/7/2026 |
|---|---|---|---|
| YEAR BUILT | 1955 | COMMUNITY | Bellmawr Boro (20404) |
| COUNTY | CAMDEN | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | BELLMAWR PUBLIC SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Electric, Other |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Bellmawr Boro (20404) |
| CONSTRUCTION | Block |
| HEAT | Baseboard, Natural Gas, Radiant |
| LOT | 5663 sq ft |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 85.00 x 66.00 |
| PARKING | On Street, Driveway |
| SEWER | Public Sewer |
| TAXES | 11349 |
| UTILITIES | Cable Available, Water Available, Sewer Available, Natural Gas Available, Electricity Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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