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117 W MERCHANT ST Audubon, NJ 08106
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Key Details
Sold Price $170,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Main Street
MLS Listing ID 1003178119
Sold Date 03/31/17
HOA Y/N N
Originating Board TREND
Year Built 1939
Annual Tax Amount $5,985
Tax Year 2016
Lot Size 2,000 Sqft
Acres 0.05
Lot Dimensions 16X125
Property Description
Terrific Investment Property with an excellent location in downtown Audubon commercial district. This three unit building includes two apartments currently rented for a combined $1,575.00. The third unit is a first floor retail location that currently rents for $600.00. As the new owner, you will have the option to open your own business on the first floor, or continue renting. All three units are in excellent condition and each unit has its own utilities. The 1st floor storefront is 550sf of prime retail space and has 1 full bathroom. This is an excellent retail location in the heart of the Main Street shopping district. In addition, the property is close to public transportation and easy access to Center City. Owner improvements include: new roof 5k, new driveway 2.5k, total gut/rehab apartments 45K, new water heater .5K, updated electric inc. knob and tube removal, and minor updating all totaling $68,000.
Location
State NJ
County Camden
Area Audubon Boro (20401)
Zoning COMME
Rooms
Other Rooms Primary Bedroom
Interior
Flooring Tile/Brick, Wood
Fireplace N
Exterior
Waterfront N
Water Access N
Roof Type Flat
Road Frontage Boro/Township
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Audubon Public Schools
Others
Tax ID 01-00066-00002 01
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Suzanne Hoover • BHHS Fox & Roach - Haddonfield