501 S Broadway, Gloucester City, New Jersey, United States

Report Listing

Home For Sale

$299,900

501 S Broadway
Gloucester City, New Jersey, United States

1bd

Listed By: Realtyww Info

Listed On: 05/21/2023

Listing ID: GL10453975 View More Details

Description

Mixed use corner property with one residential unit and one commercial unit. Conveniently located on the main road in Gloucester City which provides great exposure and a quick commute to Philadelphia. First floor commercial unit with large showcase windows and half bath is currently occupied by a long-term tenant. The second-floor residential unit boasts a bright, spacious one bedroom, one bathroom apartment with ample natural light and closet space and is tenant occupied. The full basement which is accessible by both units via exterior BILCO doors is perfect for added storage space and it houses the utilities. There is also a small patio area on the rear of the building. There are three 100amp electric panels and three electric meters, two gas meters, one new heating system Oct 2022 with two zones, one hot water heater and one fire alarm monitoring system. Both units are currently under lease agreement. Excellent investment opportunity with positive cash flow.

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Listed by: Weichert, Realtors - Burlington