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Key Details
Sold Price $2,200,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 10,800 sqft
Price per Sqft $203
Subdivision Cooper River Park
MLS Listing ID NJCD400484
Sold Date 11/18/20
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $21,265
Tax Year 2020
Lot Size 0.445 Acres
Acres 0.44
Lot Dimensions 102 x 190.00
Property Description
Investment Opportunity in desirable Collingswood, walking distance to Patco and Haddon Ave. This sale includes a 3 story, fully renovated ,12 unit building at 27 W. Cuthbert Blvd plus the duplex next door, 23 W. Cuthbert. All units have been updated with new flooring, stainless appliances, granite counter tops and more. Each of the 12 units in 27 Cuthbert are 1 bedroom, 1 bathroom , with an open floor plan. Square footage for these units range from 580 square feet to 620 square feet and the average rent in this fully occupied building is $1270 per month. At the duplex next door, each unit is 2 bedrooms, 1 bathroom, rents are $1850 (lower) and $1600(upper). All units have 1 assigned parking space. Major renovations from 2014-2016 included new roof,windows, doors, new HVAC, new electric and gas meters...this property is turn key. Property Management available, if needed.
Location
State NJ
County Camden
Area Collingswood Boro (20412)
Zoning REDEV
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 20.0
Waterfront N
Water Access N
Roof Type Flat,Tar/Gravel
Accessibility 2+ Access Exits, 32\"+ wide Doors, 36\"+ wide Halls, Level Entry - Main
Total Parking Spaces 20
Garage N
Building
Lot Description Private
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Collingswood Borough Public Schools
Others
Tax ID 12-00059-00006 01
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Bank Portfolio, Exchange
Listing Terms Cash, Bank Portfolio, Exchange
Financing Cash,Bank Portfolio,Exchange
Special Listing Condition Standard
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Bought with Suzanne Hoover • BHHS Fox & Roach - Haddonfield
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Marc DiFrancesco
Real Estate Advisor & Licensed Agent | License ID: 2183327
Real Estate Advisor & Licensed Agent License ID: 2183327