$2,650,000
$1,999,999
32.5%For more information regarding the value of a property, please contact us for a free consultation.
424 N BLACK HORSE PIKE Runnemede, NJ 08078
0.27 Acres Lot
Key Details
Sold Price $2,650,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NJCD2023864
Sold Date 01/20/23
Originating Board BRIGHT
Year Built 1960
Annual Tax Amount $28,674
Tax Year 2020
Lot Size 0.269 Acres
Acres 0.27
Lot Dimensions 117.00 x 100.00
Property Description
Investor Alert. Total 40 Units...Two separate properties very close by. One building includes 24 units the other 16 units. Awesome rent roll at +95% percent or greater. Most if not all units have been renovated with newer windows, sliding glass doors, update kitchen and bath, painted on each roll over and flooring. This sale will include both properties: 424 Black Horse Pike and 343 W Clements Bridge Road both located in Runnemede. Owner will be delivering Green Cards, Termite Certificates. Both units will include newer State Green Cards and termite certificates. Each building has parking and close to bus and public transportation. Annual expenses and Rent Roll will be shared upon reception of an executed confidentiality statement.
Location
State NJ
County Camden
Area Runnemede Boro (20430)
Zoning COM
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Other
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Roof Type Flat,Rubber
Accessibility 32\"+ wide Doors
Parking Type Parking Lot
Garage N
Building
Lot Description Cleared, Not In Development, Open
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Runnemede Public
Others
Tax ID 30-00048-00001
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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