Egg Harbor City, NJ 08215,140 Philadelphia Ave
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Egg Harbor City, NJ 08215,140 Philadelphia Ave
Egg Harbor City, NJ 08215,140 Philadelphia Ave
Egg Harbor City, NJ 08215,140 Philadelphia Ave
Egg Harbor City, NJ 08215,140 Philadelphia Ave

$385,000

Est. payment /mo

$449,000

14.3%
Est.Price: ?

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140 Philadelphia Ave Egg Harbor City, NJ 08215

SOLD DATE : 01/31/2024

Key Details

Sold Price $385,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 576575

Year Built 1890

Annual Tax Amount $8,676

Tax Year 2022

Property Description

Welcome to this excellent real estate opportunity in downtown Egg Harbor City! This property features a storefront and three separate apartment units, ensuring a steady cash flow with great income potential. The two 1-bedroom apartments are already rented at $1,200 each, while a 3rd spacious 1-bedroom apartment, with the potential to add more rooms, is rented for $1,400. The storefront, strategically located, commands a rent of $1,700 per month. The advantage of separate utilities for each unit simplifies management and adds value to the investment. This mixed-use building is perfectly situated for maximum visibility and convenience in the heart of Egg Harbor, with bustling foot traffic and a vibrant community. Don't miss this chance to own a lucrative property with multiple income streams in a prime location. Act fast and make this cash-flowing gem yours today!

Location

State NJ

County Atlantic

Community Egg Harbor City

Area Egg Harbor City

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South Jersey Shore Regional MLS (SJSRMLS)
Listed by Keller Williams Realty Jersey Shore-Ocean City

Jason Gareau

Broker

+1(609) 929-4486

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