Merchantville, NJ 08109 220 N Centre Street
$564,900
Presented By: Keller Williams - Main Street
SQFT • 5,217
SQFT • 5,217Home Details
Investment Opportunity in a Prime Location of Merchantville. This mixed use property offers 3 - 1 bedroom resident units and 2 spacious storefront commercial units. Residential has, in unit washer/dryer. Each floor has separate water heater; unit has separate heating zone and separate elctric meter. The 2 commercial has Central Air. Many updates done to the units and property within the pass 2 years. There's room to add more value and increase rent. Conveiently close to Rt 130 and a short drive to Philadelphia.
Presented By: Keller Williams - Main Street
Interior Features for 220 N Centre Street
Other Interior Features
Central Air Y/NYes
FlooringCarpet, Luxury Vinyl Plank
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 220 N Centre Street
Acceptable FinancingConventional, Cash
Accessibility2+ Access Exits
Business TypeApartment Building, Professional, Storage, Other
Cap Rate6.00
CityMERCHANTVILLE
Construction MaterialsFrame, Brick
Cool FuelNatural Gas
CoolingCentral A/C, Window Unit(s)
CountyCAMDEN
DirectionsGPS
Gross Income5217.00
HeatingBaseboard - Hot Water, Radiator
Insurance Expense3200.00
Lot Size Square Feet0.00
Lot Size UnitsSquare Feet
MLS AreaMerchantville Boro (20424)
MaintenanceExpense2500.00
ModificationTimestamp2025-04-08T09:57:48
MunicipalityMERCHANTVILLE BORO
Net Operating Income39264.00
New ConstructionNo
Number Of Units Total
OwnerPaysHeat, Sewer, Taxes - Real Estate, Water
OwnershipFee Simple
Possession61-90 Days CD, 31-60 Days CD
Price Per Sq Ft Total AG108.28
Property ConditionExcellent, Very Good
Property SubtypeMixed Use
Property TypeCommercial Sale
Property UseInvestment
RoofFlat, Pitched, Shingle
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector
SewerPublic Sewer
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Tax Annual Amount14803.0
Tax Assessed Value277800.0
Tax Lot00010
Tax Year2024
Total Actual Rent62604.00
UtilitiesCable TV Available, Natural Gas Available, Phone Available
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1950
Year Built SourceEstimated
ZoningMIXED USE
Exterior for 220 N Centre Street
Building Area Total5217.00
Car Parking Spaces10
Fencing Y/NN
Foundation DetailsBrick/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 FeaturesPrivate
Total Loading Docks0
Total Parking Spaces10
Type of ParkingOff Site, Driveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
