Listing Courtesy of: Sold Pros Real Estate LLC (856) 428-2740
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Exceptional mixed-use investment opportunity on highly visible White Horse Pike in Oaklyn. This approximately 2,700 sq ft commercial property features a long-established first-floor commercial space currently occupied by a locksmith business with lease income of $1,500/month through June 2027, plus a beautifully renovated 2-bedroom apartment upstairs that was fully updated approximately one year ago with an estimated rental value of $2,000/month. The apartment is currently owner occupied. The building offers separately metered gas and electric utilities, helping simplify management and tenant responsibility. The commercial tenant is responsible for snow removal per lease terms, while the owner currently handles lawn maintenance. Additional improvements include newer windows throughout the first and second floors installed last year, exterior painting completed approximately two years ago, a newer water heater, and a basement French drain system for added protection and functionality. The commercial space includes a mini-split AC system, while the apartment utilizes window units for cooling. Excellent opportunity for an investor seeking stable mixed-use income, or an owner-occupant looking to offset expenses with commercial rental income in a prime Camden County location with strong daily traffic exposure.
Listing Courtesy of: Sold Pros Real Estate LLC (856) 428-2740
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.