Merchantville, NJ 08109 220 N Centre Street

Pending
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Presented By: Keller Williams - Main Street
  • MLS# NJCD2080998
  • 12/05/2024
  • Request Tour
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  • Beds • 3

Home Details

Prime Investment Opportunity!! Location! Location! Location! With all Local and State approvals, 3 residential apartments , 2 Commercial spaces below. Located on the popular Centre St. , Walking distance to the vibrant, heart of Merchantville. Has at least 10 cars parking space in rear of building. Gas heating with separate zone, separate electric meter; New Roof, units renovtions. An extra lot attached. Conveniently located close to Rt 130. Easy access to transportation, schools, and short drive to Philadephia.
Presented By: Keller Williams - Main Street

Interior Features for 220 N Centre Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
BasementFull, Unfinished, Walkout Level, Poured Concrete
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
FlooringCarpet, Luxury Vinyl Plank
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 220 N Centre Street

Acceptable FinancingCash, Conventional
Accessibility2+ Access Exits
Architectural StyleColonial
Avg. Gas Per Month400.0
Avg. Water Per Month320.0
Cap Rate6.00
CityMERCHANTVILLE
Construction MaterialsFrame
Cool FuelElectric
CoolingCentral A/C, Window Unit(s)
CountyCAMDEN
DirectionsGPS
DisclosuresAgent has Financial Interest
Electric200+ Amp Service
Garage Y/NNo
Gross Income62604.00
HeatingBaseboard - Hot Water, Baseboard - Electric
Insurance Expense3200.00
Lease TypeLong Term, Month to Month
Lot Size Square Feet0.00
Lot Size UnitsSquare Feet
MLS AreaMerchantville Boro (20424)
MaintenanceExpense3130.00
ModificationTimestamp2025-04-30T15:55:04
MunicipalityMERCHANTVILLE BORO
Net Operating Income33884.00
New ConstructionNo
Number Of Units Total1
NumberOfUnitsVacant1
One Bedroom Units Count3
Operating Expense22390.00
Other StructuresAbove Grade, Below Grade
OwnerPaysCommon Area Maintenance, Gas, Heat, Insurance, Lawn/Shrub Care, Repairs, Sewer, Snow Removal, Water
OwnershipFee Simple
Possession61-90 Days CD
Property ConditionExcellent, Very Good
Property SubtypeOther
Property TypeMulti-Family
RoofFlat, Shingle
School DistrictHADDON HEIGHTS SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusPending
StatusPENDING
Structure TypeDetached
Tax Annual Amount14803.0
Tax Assessed Value277800.0
Tax Lot00010
Tax Year2024
Total Actual Rent5217.00
Total SQFT0
Two Bedroom0
UtilitiesAbove Ground
Vacation Rental Y/NNo
ViewStreet
Water Access Y/NNo
Waterfront Y/NNo
Year Built1950
Year Built SourceEstimated
ZoningMIXED USE

Exterior for 220 N Centre Street

Foundation DetailsConcrete Perimeter, Brick/Mortar
Land Assessed Value52800.00
Land Use Code
Lot Dimensions54.00 x 0.00
Lot Size Acres0.00
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesGravel Driveway
Parking Lot - # of Spaces10
PoolNo Pool
Total Parking Spaces10
Type of ParkingDriveway, Off Street, Parking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Schools

High School Haddon Heights H.S.
Elementary School N/A
Middle School N/A

Rachel Shepherd

Price $564,900
MLS#NJCD2080998
List Date 12/05/2024
Property Type Pending
Phone 703.929.4729
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