209 W Clinton Ave, Oaklyn, NJ 08107

$397,500

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List Price
$397,500
Days on Market
27
Status
ACTIVE
MLS#
NJCD2122394
Lot Size (Acres)
0.06
Year Built
1948
County
Camden
School District
Oaklyn Borough Public Schools

Property Description

Fully occupied 2-unit mixed-use investment property located in the heart of Oaklyn, NJ, offered at $397,500 and presenting an excellent opportunity for investors seeking immediate cash flow and long-term upside. The property consists of one commercial unit and one 2-bedroom residential apartment. The commercial space is occupied by a well-established hair studio that has operated at the property for over 10 years and is currently on a month-to-month lease. The residential unit is occupied by a long-term tenant with a yearly lease in place that expires in May 2027. Additional income is generated from the detached garage, which is currently leased separately, and the property also features convenient on-site parking. Detailed profit and loss statements outlining rental income and operating expenses are available upon request. The property is being sold strictly as-is with all tenants in place, making it a turnkey investment opportunity in a desirable location.

Additional Information

Area
Oaklyn Boro (20426)
Taxes
$7785
School District
Oaklyn Borough Public Schools
Heating
Zoned
Heating Fuel
Natural Gas
Cooling
Ductless/Mini-Split
Water
Public
Sewer
Public Sewer

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of BHHS Fox & Roach-Marlton. Contact: 8568105300

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