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Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

Listed by Mike Riccardi • M Riccardi Agency Inc

$349,900

Est. payment - /mo

0.39 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision "None Available"

MLS Listing ID NJCB2030852

Year Built 1850

Annual Tax Amount $6,523

Tax Year 2025

Lot Size 0.390 Acres

Acres 0.39

Lot Dimensions 0.00 x 0.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

HURRY, HURRY, HURRY Big cash flow potential! Great value add Large 5 unit apartment building with 4 one bedroom units and 1 two bedroom unit in Historical Mansion with lots of charm and character. Needs work and currently vacant ready for rehab. Some improvements already made (roof, separate electric, concrete work, stone driveway, some flooring, etc). Owners are highly motivated to sell and looking for offers. Make your best deal for a really great buy!

Estimated cost to complete renovations $125-150K

1 Bedroom units in the area rent from $1000-1400/month

2 Bedroom units in the area rent from $1300-1800/month.

Location

State NJ

County Cumberland

Area Maurice River Twp (20609)

Zoning VC

Interior

Hot Water Electric

Heating Radiator

Cooling None

Heat Source Natural Gas

Exterior

Garage Spaces 8.0

Utilities Available Phone Connected, Cable TV Available

Water Access N

Roof Type Asphalt,Shingle,Pitched

Accessibility Level Entry - Main

Total Parking Spaces 8

Garage N

Building

Lot Description Backs to Trees, Cleared, Front Yard, Level, Not In Development, Open, Rear Yard, Road Frontage

Sewer On Site Septic

Water Private, Well

New Construction N

Schools

Elementary Schools Maurice River Township School

Middle Schools Maurice River Township School

High Schools Millville Senior H.S.

School District Maurice River Township Public Schools

Others

Tax ID 09-00286-00002

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262

4 WARD AVE Leesburg, NJ 08327

Joseph Lam

Key Details

Location

Interior

Exterior

Building

Schools

Others

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4 WARD AVE