285 White Horse Pike, Lindenwold, NJ 08021

$230,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$230,000
List Price
$249,900
Closing Date
Feb 16, 2024
Days on Market
1031
Status
CLOSED
MLS#
NJCD415416
Lot Size (Acres)
0.46
Year Built
1950
County
Camden
School District
Lindenwold Borough Public Schools

Property Description

Unique investment opportunity and Just Reduced! ""11 1/2%+ NNN Lease ""Building with lease in place until 2024, Successful daycare facility is present tenant. Licensed for up to 42 children, 2.5-13 years old, including handicap access. Complete building renovation in 2012, Meticulously maintained, Sprinklered basement, Paved private parking with turnaround with handicapped spaces, Present tenant pays $30,000 year NNN, Tenant responsible for everything including all insurances, 11 1/2% return on investment, Located at a traffic lighted intersection with great highway exposure, Huge expanded fenced play area, Finished basement, 1 car attached garage, Sit back and collect rent with no headaches or expenses, Tenant responsible for first $10,000 in repairs, Over half acre on White Horse Pike. This is the Deal of the Century!! Call for any questions. Owner may consider holding a second mortgage to qualified buyer.

Additional Information

Area
Lindenwold Boro (20422)
Taxes
$4,976
View
Street
Heating
Forced Air
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

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

Listing courtesy of Century 21 Reilly Realtors. Contact:

Selling Office: .