Attention investors and/or an owner looking for a home with your own store front attached. This unique but highly useful property is a rare find. You have two residential apartments plus a commercial store front/storage space. When all three units are rented the income is $28,800 per year. The upstairs tenants pay $700 which is low because they've been there for 7 years. The place is usually fully rented but when the downstairs tenants vacated after a 5 year rental period the owner decided to leave the place empty in case an interested buyer wants to owner occupy . The downstairs unit includes an open front porch, living room/dining room combination with wood floors, an upgraded eat in kitchen with a breakfast bar, a newly remodeled ceramic tile bath, a large laundry/storage room a good sized master bedroom with double closets, a full basement, and an excellent size back yard with a large shed for additional storage (usually rents for $1200). The upstairs unit is a one bedroom with a living room and eat in kitchen. The store is a good sized office/reception area and a large storage area behind (rents for $500). This could have many uses. The last store was an antique slot machine dealer so there's a ramp to access the storage area if needed. The income is good, it's a very desirable location very close to down town Merchantville and the building is in good shape.
Off market
$348,100
2800-02 N Centre St, Merchantville, NJ 08109
--beds
0baths
--sqft
MultiFamily
Built in 1920
-- sqft lot
$348,100 Zestimate®
$--/sqft
$1,946 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Cooling
- Wall
Appliances
- Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Ceiling Fan(s), Dining Area, Eat-in Kitchen, Carpet, Wood Floors, Combination Dining/Living, Breakfast Area, Kitchen - Table Space, Floor Plan - Traditional, Tub Shower, Additional Stairway
- Flooring: Hardwood
Property
Parking
- Total spaces: 3
Lot
- Size: 8,999 sqft
Details
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
Condition
- Year built: 1920
Community & neighborhood
Location
- Region: Merchantville
- Municipality: PENNSAUKEN TWP
HOA & financial
Other financial information
- Total actual rent: 28800
Other
Other facts
- Appliances: Dishwasher, Refrigerator, Built-in Microwave, Microwave, Washer, Dryer - Gas, Built-In Range, Oven/Range - Gas
- InteriorFeatures: Ceiling Fan(s), Dining Area, Eat-in Kitchen, Carpet, Wood Floors, Combination Dining/Living, Breakfast Area, Kitchen - Table Space, Floor Plan - Traditional, Tub Shower, Additional Stairway
- HeatingYN: true
- CoolingYN: true
- StructureType: Detached
- NumberOfUnitsTotal: 3
- ConstructionMaterials: Frame
- ArchitecturalStyle: Colonial
- SpecialListingConditions: Standard
- ParkingFeatures: Driveway
- Cooling: Wall Unit(s)
- Heating: Radiator
- TotalActualRent: 28800.00
- MlsStatus: Pending
- Municipality: PENNSAUKEN TWP
- TaxAnnualAmount: 6157.0
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$348,100
2% more+$6,962
With Zillow Showcase(estimated)$355,062