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Check out this wonderful business opportunity that consist of a Commercial store front and FOUR two and three bedroom apartments attached in Deerfield Twp. The store front consist of 2000 sq ft with bathroom that is currently used as a photography studio. All units have seperate meters and tenants are responsible for their own utilities. There are a few long term tenants w a total of 3 of them on a month to month lease. Several units have been updated. Electric panels, hot water heaters and storefront HVAC have also been upgraded. Great parking and fantastic location w/ easy access to RT 55. Professional photos coming soon. Mixed-use property: Includes a 2,000 sq. ft. commercial storefront and four residential apartments (3 two-bedroom, 1 three-bedroom). Revenue potential: Multiple streams of income from residential and commercial tenants. Upgrades: Electric panels, hot water heaters, and HVAC system for the storefront have been modernized. Utilities: Separate meters for all units, so tenants cover their own utilities"”lowering landlord expenses. Convenience: Fantastic location with easy access to RT 55, offering high visibility and accessibility. Flexibility: Three tenants are on month-to-month leases, giving options for rent adjustments or new arrangements. Updated systems: Modern septic and well systems ensure fewer maintenance headaches. This could be ideal for an investor or owner-operator seeking passive income with minimal overhead due to the updates and tenant responsibility for utilities.
Property Type(s):
Multi Family
| Last Updated | 12/5/2024 | Tract | NONE AVAILABLE |
|---|---|---|---|
| Year Built | 1923 | Community | Deerfield Twp (20603) |
| County | CUMBERLAND |
SCHOOLS
| School District | CUMBERLAND REGIONAL |
|---|---|
| High School | CUMBERLAND REG |
Additional Details
| AIR | Ceiling Fan(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Deerfield Twp (20603) |
| CONSTRUCTION | Brick, Vinyl Siding |
| HEAT | Forced Air, Natural Gas |
| LOT | 0.48 acre(s) |
| LOT DESCRIPTION | Cleared, Corner Lot |
| LOT DIMENSIONS | 71 x266 irregular |
| SEWER | Septic Tank |
| STYLE | Other |
| SUBDIVISION | NONE AVAILABLE |
| TAXES | 5135 |
| WATER | Private |
Location
Listing provided by Weichert Realtors-Mullica Hill
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Data last updated: 1/9/25 5:53 PM PST
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