$318,200

501 S BROADWAY, Gloucester City, NJ 08030

1,200 sqft

Duplex
Built in 1922
871sqft lot
—— car garage
$265/sqft
Listed 2 months ago

Property Description

Mixed use corner property with one residential unit and one commercial unit. Conveniently located on the main road in Gloucester City which provides great exposure and a quick commute to Philadelphia. First floor commercial unit with large showcase windows and half bath is currently occupied by a long-term tenant. Spacious 2nd floor 1 Bedroom 1 Bathroom apartment. Private entrance. Recently renovated throughout. Featuring an open floor plan with a spacious living room and an updated kitchen with new shaker cabinets, stainless steel kitchen appliances, upgraded countertops new luxury vinyl flooring throughout and a large primary bedroom with two closets. Unit has a new compact washer and dryer in the main bathroom. The full basement which is accessible by both units via exterior BILCO doors is perfect for added storage space and it houses the utilities. There is also a small patio area on the rear of the building. There are three 100amp electric panels and three electric meters, two gas meters, one new heating system Oct 2022 with two zones, one hot water heater and one fire alarm monitoring system. Both units are currently under lease agreement. Excellent investment opportunity with positive cash flow. Commerical Listing MLS NJCD2100720

Listing Status:: Active
Listing Office:: BHHS Fox & Roach-Mt Laurel : 8562220077
Listing Agent:: Maria E Jobes-Hogan : 6099237930
MLS ID:: NJCD2100704

General: Bathroom - Tub ShowerCombination Dining/LivingFloor Plan - OpenKitchen - Eat-InRecessed LightingStore/OfficeUpgraded Countertops
Appliances: Built-In MicrowaveDishwasherOven/Range - ElectricRefrigeratorDryerWasher
Basement: Full
Flooring: Luxury vinyl plank
A/C: Window Unit(s)Ceiling Fan(s)
Heating: Baseboard - Hot WaterBaseboard - ElectricNatural GasElectric
Disability Feature: None

General: SidewalksAbove GradeBelow Grade
Style: Traditional
Other Structures: Patio

Roofing: AsphaltFlat
General: BlockBrickBlock

Originating MLS: BRIGHT_MAIN
School District: GLOUCESTER CITY SCHOOLS
County: CAMDEN-NJ

Zoning: 4A COMMERCIAL14-00125-00020

Utilities: 100 amp service
Water: Public
Sewer: Public Sewer

Source: BRIGHT_MAIN
Exclusions: Tenant's personal property

This listing courtesy of Maria E Jobes-Hogan, BHHS Fox & Roach-Mt Laurel

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Cold Springs School

1194 Market St, Gloucester City, NJ, 08030

Grades PK-3

0.35 miles away

Gloucester City Middle School

1300 Market St, Gloucester City, NJ, 08030

Grades 4-8

0.50 miles away

Gloucester City Junior/Senior High School

1300 Market St, Gloucester City, NJ, 08030

Grades 7-12

0.53 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.