Blackwood, NJ 08012,231 S BLACK HORSE PIKE
Blackwood, NJ 08012,231 S BLACK HORSE PIKE
2
$400,000
$424,900
5.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

0.26 Acres Lot

231 S BLACK HORSE PIKE Blackwood, NJ 08012

Est. payment /mo
SOLD DATE : 02/21/2024

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $400,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NJCD2054152

Sold Date 02/21/24

Originating Board BRIGHT

Year Built 1973

Annual Tax Amount $10,512

Tax Year 2022

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 87 x 121

Property Description

This is an outstanding investment opportunity which offers a huge upside potential. Current monthly rents totaling +/- $37,000 per year are well below market value. The property consists of 2 commercial units on the first floor which have long term tenants on month-to-month leases and 2 residential units on the second floor, also long term month-to-month tenants. This building could be purchased by an investor for passive income or could be used as an owner/occupant affording them substantial monthly income. All tenants have their own heat and electric. Landlord pays water and sewer. The property is well kept, but could use some cosmetic updates within the residential units. Seller to have a brand new silicone roof installed on the building w/10 year warranty. Property is a stone's throw from the Gloucester Premium Outlets, a thriving +/- 1,000 square foot fashion outlet.

Location

State NJ

County Camden

Area Gloucester Twp (20415)

Zoning COMM

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 15.0

Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available

Water Access N

Roof Type Flat

Accessibility None

Road Frontage State

Total Parking Spaces 15

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Black Horse Pike Regional Schools

Others

Tax ID 15-12501-00005

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Read Less


Bright MLS (BMLS)
Listed by Kevin Piccolo • Piccolo Realty, LLC
Bought with Kevin Piccolo • Piccolo Realty, LLC

GET MORE INFORMATION

Bradley Perez

Agent | License ID: 1972347

+1(609) 383-5668

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.