Thomas Flinn - Coldwell Banker Hearthside

Description

DRASTICALLY REDUCED! A superb opportunity to be in close proximity to the redevelopment of the "Marlton Village Area" -24 apartments in a mix-use building, which will include 4,000 sq. ft. of retail space on the first floor and eight detached garage units. 19 apartments will be 2 bdrms, 5 apts. will be 1 bdrm. THIS PROPERTY IS A Unique three(3)story commercial building, located in Historical Section of Marlton at the corner of one of the major intersections. This building contains approximately 6,237 square feet. There are three (3) retail units on the first floor which includes an upscale barber shop and jewelry/consignment shop and four (4) large five (5) room plus bath apartments on 2nd & 3rd floors. Each apartment's appliances includes refrigerator and propane cooking stove. Full dry basement that has had sealer and French drains installed several years ago. All new electrical circuitry installed in 1986. All units have separate electric baseboard heat and each tenant pays for their own. The sale is subject to all existing leases and is being sold in "as is" condition. Roof replaced approximately ten years ago. Off-Street Parking for 25+ cars. Structure & units passed recent State Inspection which is good for five (5) years. Income & Expense Statement available upon request. Some areas may not be accessible for all showing times. Motivated!! FUTURE PLANS for the redevelopment area include 55 apartment units on nearby Maple Ave. $1,000 bonus to buying agent.

Details

MLS#1000331457
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site355

Features

SQ Feet6,237
Story(s)0
ZoningC-3

Market Activity 08053

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Area Information

StateNJ
CityEVESHAM
Zip Code08053
AreaEvesham Twp (20313)
Listing VS Median (in 08053)
Price:
$710,000
low | high
Med:
$261,250
100% of Average
SqFt:
6,237
low | high
Med:
1,485
100% of Average
$ / SqFt:
$114
low | high
Med:
$176
4.583623770906% of Average
On Site:
355
low | high
Med:
91.5
100% of Average
Listing Updated: 12/15/2018
MLS Number: 1000331457
Listing Provided By:
Linda M Rohrer  of  Rohrer Sayers Real Estate

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