1504 Kings Hwy, Swedesboro, NJ 08085

Property Description

Don't miss out on this Great Income Generating Opportunity! This triplex features two store-fronts and a 1 bedroom 2nd floor apartment, each with a separate entrance. Both storefronts feature glass display windows for high visibility, measure approx 1100 sq ft+ and 900 sq ft+, and have their own bathroom and basement . One storefront is currently leased to a barber shop paying $1,100 on a month to month basis, and the other unit is vacant and is currently listed for rent at $1,590/month. The 1 bedroom apartment is currently rented for $924 on a yearly lease expiring towards the end of October 2023. All 3 units have separate meters for gas/electric and the HVAC systems are approximately 8 yrs old. The largest roof is approximately between 14-20 years old, the flat roof is 2.5 years old, and the third roof is 4 years old. These units are in great shape and have been well maintained. In addition to public street parking, the units also have their own parking lot behind the building which holds about 6 vehicles. There is a trailer parked in the lot temporarily and will be removed before settlement. The Seller is requiring that a current pre-approval or proof of funds be submitted before a showing request will be confirmed. Showings can be requested for Sun 11-4, Mon 10-2:30, and Wed 10-2:30.