Runnemede, NJ 08078,424 N BLACK HORSE PIKE

$2,650,000

$1,999,999

32.5%
Est.Price: ?

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Est. payment /mo

0.27 Acres Lot


SOLD DATE : 01/20/2023

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

Water Access N

Roof Type Flat,Rubber

Accessibility 32\"+ wide Doors

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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Bright MLS (BMLS)
Listed by Michael J Alessi • Keller Williams Realty - Medford
Bought with Non Member • Metropolitan Regional Information Systems, Inc.

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Rachel Romano

REALTOR® | License ID: 1111154

+1(609) 238-1329

123 W Jersey Ave, Pitman, NJ, 08071

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