204 W Clinton Ave, Oaklyn, NJ 08107

$225,000
2,116
SqFt
List Price
$225,000
Closing Date
Nov 29, 2021
Days on Market
70
Status
PENDING
MLS#
NJCD2004672
Living Area
2,116
Lot Size (Acres)
0.05
Style
Colonial
Year Built
1927
County
Camden
School District
Collingswood Borough Public Schools

Property Description

BUYERS FINANCING FELL THROUGH - NO INSPECTIONS HAVE BEEN DONE. LOW TAXES, Low Maintenance and well maintained INVESTMENT Opportunity. This Fully rented multi use TRIPLEX is located in the heart of Oaklyn on bustling Clinton Avenue. This building benefits from being in the center of a collection of thriving businesses with plenty of street AND public parking. The first floor beautiful fully rehabbed retail shop is a popular established Barber Shop with a lease in place through June, 2024. Behind the shop with a separate front entry is a main level office space with 2 large rooms, large foyer/entry, full bath, kitchenette area and additional access to large patio and parking. This tenant is currently month to month. On the second level also with a separate entry from the rear is a 2 bedroom apartment with hardwood flooring, generous size rooms, high ceilings, deck, tons of natural sunlight with a washer and dryer and a lease ending August 1, 2022. There is a full basement with good head heights for tons of storage. In the rear of the building is a double driveway able to accommodate 2 cars. NEW electrical panels (NO knob & tube), fire monitoring system has a new cellular modem uplink module, two NEW hot water heaters, remote camera for monitoring basement heating and hot water heaters. Convenient downtown location close to restaurants, brewery's, transportation, major highways, bridges and airport. Philadelphia is just 7 minutes away! Property is in good condition however it is being sold in As Is condition. Total monthly rents 2021 ($2,225) Barber shop $575; Rear Office $400; Upper 2 Bed Apt $1,250 Total Monthly Income $2,225 - Total Monthly Expenses $839.75= $1,385.25 Monthly PROFIT

Additional Information

Area
Oaklyn Boro (20426)
Subdivision
Downtown
Taxes
$6184
Stories
2
Interior Features
Ceiling Fan(s), Stall Shower, Store/Office, Tub Shower, Window Treatments, Wood Floors
School District
Collingswood Borough Public Schools
Elementary School
Oaklyn E.S.
Middle School
Collingswood M.S.
High School
Collingswood Senior H.S.
Flooring
Hardwood, Laminated, Vinyl
Exterior Features
Exterior Lighting, Sidewalks, Street Lights
Heating
Radiator
Heating Fuel
Natural Gas
Cooling
Ceiling Fan(s), Window Unit(s)
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass New Jersey, LLC.

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