This is a great opportunity for all types of savvy investors, new or old. Opportunities like this do not come around often, and this one you are going to want to look at! Calling all serious investors! Have you been searching for an income-producing commercial/residential property to add to your portfolio? Maybe you have an upcoming need for an idea for a 1031 exchange to put your money into? Do not let this opportunity escape you! It features over 10,000 total sq ft with 4 Residential units and 6 Commercial retail units located directly in the heart of the town on the Black Horse Pike, with one of the best traffic counts in the area. With over 202ft of frontage, this is sure to be a slam dunk. The property just had a newer roof installed, and all of the units have been updated within the last 10 years. All 4 of the residential units are occupied. 5 of the 6 commercial units are occupied currently, with a new lease coming up soon for the only unit left. It will be a full house soon with excellent income. We have the 2022 full income statement, 2023 YTD income statement, and a complete rent roll for all 10 units. What are you waiting for? Pick up the phone and make your inquiry about how you can set yourself up for the future!
Copyright 2022 Cape May County Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Updated: 5th December, 2023 2:58 AM (UTC)