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    308 W Evesham Avenue

    MAGNOLIA, NJ 08049
    • $349,000
    • STATUS: Active
    • ON SITE: 12 days
    • ID#: NJCD413410
    UPDATED: 58 min ago
    $349,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    School District:

    Description

    TURNKEY CASHFLOW INVESTMENT!!! This attractive newly renovated (no deferred maintenance) 4-unit building features two retail spaces on the first floor and two residential apartments on the second floor. All units are occupied by long-time, reliable tenants. One of the residential unit has been converted in to a two bedroom and the rent is doubled. The other is ready to be done the same way (OPPORTUNITY to double the rent here as well). Both of the retail spaces is currently occupied by two successful businesses. (under market rents)This property also features a ton of great storage spaces, basement laundry, and a fire escape. Not only that, but each unit has a separate electrical box and heating unit. Here+GGs the best part...this property has it's own recently sealed parking lot with all new line for parking spots. Spots in front of the building are convenient for customers of the retail units and private spots in the back of the building are for the residents and shop owners.Start making cashflow the moment you're handed the keys. Make your appointment today!

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Ramus Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-03-01T09:52:55.437.
    www.ramusrealty.com/homes/114270003
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    308 W Evesham Avenue MAGNOLIA, NJ 08049

    • Price: $349,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: NJCD413410
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    Neighborhood:
    Magnolia Boro (20423)
    County:
    Camden
    Area:
    Magnolia Boro (20423)
    School District:
    Sterling High
    Property Description
    TURNKEY CASHFLOW INVESTMENT!!! This attractive newly renovated (no deferred maintenance) 4-unit building features two retail spaces on the first floor and two residential apartments on the second floor. All units are occupied by long-time, reliable tenants. One of the residential unit has been converted in to a two bedroom and the rent is doubled. The other is ready to be done the same way (OPPORTUNITY to double the rent here as well). Both of the retail spaces is currently occupied by two successful businesses. (under market rents)This property also features a ton of great storage spaces, basement laundry, and a fire escape. Not only that, but each unit has a separate electrical box and heating unit. Here+GGs the best part...this property has it's own recently sealed parking lot with all new line for parking spots. Spots in front of the building are convenient for customers of the retail units and private spots in the back of the building are for the residents and shop owners.Start making cashflow the moment you're handed the keys. Make your appointment today!
    Exterior Features

    Architectural Style ColonialTraditional Construction Materials Block Exterior Features Exterior LightingFire EscapeSidewalks Garage YN No Other Structures Above GradeBelow Grade Parking Features Asphalt Driveway Parking Types DrivewayParking LotOther Patio And Porch Features Balcony Pool No Pool Property Condition Very Good Riparian Rights YN No Roof Asphalt Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 0 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Ceiling Fan(S)Window Unit(S) Fireplaces Total 0 Flooring CarpetCeramic TileLaminatedVinyl Heating Baseboard - Hot Water Heating YN Yes Interior Features Floor Plan - Open Security Features 24 Hour SecurityCarbon Monoxide Detector(S)Electric AlarmFire Detection SystemMain Entrance LockSmoke DetectorSecurity System Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 1 Units Furnished None Walls Ceilings 2 Story Ceilings9'+ CeilingsBrick

    Property Features

    Acceptable Financing Conventional Accessibility Features None Assessment Year 2020 Association YN No Central Air YN No Cooling Fuel Electric Existing Lease Type Long TermMonth To MonthGross Foundation Details Block Gross Income 47231.00 Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Magnolia Boro Navigable Water YN N Net Operating Income 24268.00 New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Number Of Units Vacant 0 Operating Expense 22962.00 Operating Expense Includes InsuranceSnow RemovalParkingTrash Original MLSNumber 304481293251 Owner Pays WaterSewer Ownership Interest Fee Simple Possession Negotiable Property Sub Type Quadruplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 11381.00 Tax Assessment Amount 256800.00 Tax Lot 00011 Total Actual Rent 47231.00 Vacation Rental YN No Water Source Public Year Built Effective 2018 Zoning Com

    Listing courtesy of Keller Williams Realty - Cherry Hill.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Ramus Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-03-01T09:52:55.437.
     
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