1736-38 Glassboro Road , A,B,C

WILLIAMSTOWN, NJ 08094
  • $499,000
  • STATUS: Active
  • ON SITE: 83 days
  • ID#: NJGL245542
UPDATED: 61 min ago
$499,000
  • 0
    BEDS
  • 1.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,300
    SQFT
  • $54
    $/SQFT
Neighborhood:
Type:
Manufactured Home
Built:
1956
County:

School Ratings & Info

School District:

Description

Attention Investors! This property is a money maker- Currently 11.2% CAP RATE with a potential of 14% once owner occupied unit is leased out! This property consists of 2 fully rented out buildings. Unit 1736 has 2 units, front is 3,400 sq ft and is leased out as a showroom for Irrigation company, rear unit is owner occupied (will be vacant for new owner) and is 2,400 sq ft. Building 1738 is a 3,500 sq ft building tenant occupied for over 12 years as a warehouse supply for the Irrigation company. Properties sit on over an acre of ground with parking in front and side lots for about 15 cars and a grass field in rear for added storage. In 2002 there were major improvements done to the property including: well, septic, 3 separate electric meters, 3 separate baths and 2 kitchenettes for the buildings. Unit 1736 has a 5 year old rubber roof and all the doors were replaced in 2001 including 2 steel roll up doors. Both units are in very good condition. Property has a brand new parking lot and the heat is now converted in one building to gas heat.

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©2019 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-10-21T19:52:36.173.
www.teamsordelet.com/homes/97380666

1736-38 Glassboro Road , A,B,C WILLIAMSTOWN, NJ 08094

  • Price: $499,000
  • Status: Active
  • Updated: 61 min ago
  • ID#: NJGL245542
0
Beds
0
Baths
0
½ Baths
1.17
Acres
9,300
SQFT
$54
$/SQFT
1956
Built
Neighborhood:
None Available
County:
Gloucester
Area:
Monroe Twp (20811)
School District:
Monroe Township
Property Description
Attention Investors! This property is a money maker- Currently 11.2% CAP RATE with a potential of 14% once owner occupied unit is leased out! This property consists of 2 fully rented out buildings. Unit 1736 has 2 units, front is 3,400 sq ft and is leased out as a showroom for Irrigation company, rear unit is owner occupied (will be vacant for new owner) and is 2,400 sq ft. Building 1738 is a 3,500 sq ft building tenant occupied for over 12 years as a warehouse supply for the Irrigation company. Properties sit on over an acre of ground with parking in front and side lots for about 15 cars and a grass field in rear for added storage. In 2002 there were major improvements done to the property including: well, septic, 3 separate electric meters, 3 separate baths and 2 kitchenettes for the buildings. Unit 1736 has a 5 year old rubber roof and all the doors were replaced in 2001 including 2 steel roll up doors. Both units are in very good condition. Property has a brand new parking lot and the heat is now converted in one building to gas heat.
Exterior Features

Construction Materials BlockCpvc/PvcCopper Plumbing Garage YN No Location Type Free Standing Lot Features Backs - Open Common AreaBacks To TreesFront YardLevelOpenRear Yard Parking Features FencedPrivateHandicap ParkingLighted ParkingAsphalt DrivewayGeneral Common ElementsPaved Driveway Parking Types Parking LotOff Street Property Condition Average+ Riparian Rights YN No Road Responsibility Boro/TownshipState Road Surface Type Us Highway/Interstate Roof FlatPitchedShingleRubber Water Access YN No Water Oriented YN No Waterfront YN No

Interior Features

Building Area Total 9300.00 Building Features Private RestroomsAuto BayClear SpanDisplay WindowExhaust SystemFencingFire AlarmKitchenOverhead DoorSecurity LightingSecurity System Cooling Central A/CWindow Unit(S) Exclusions Contents Fireplace YN No Flooring CarpetHeavy Duty3000+ Psi Heating Forced Air Heating YN Yes Inclusions Leases Leasable Area 9300 Net Square Feet 9300.00 Room List Master Bedroom Walls Ceilings OtherBlock Walls

Property Features

Acceptable Financing Conventional Accessibility Features >84" Garage DoorLevel Entry - MainNo Stairs Annual Gross Expense 14000.00 Assessment Year 2018 Association YN No Business Type MedicalManufacturingStorageWarehouseOther Central Air YN Yes Condo YN No Cooling Fuel Electric Cross Street Flanagan Ave Electric 200+ Amp ServiceCircuit Breakers Existing Lease Type Gross Foundation Details Slab Gross Income 60000.00 Ground Rent Payment Frequency Annually Heating Fuel Natural GasOil Historic YN No Hot Water Electric Incorporated City Name Monroe Twp Load Drive-In Door Navigable Water YN N New Construction YN No Number Of Units Leased 3 Original MLSNumber 301925233519 Ownership Interest Fee Simple Possession Immediate Property Sub Type Retail Rent Includes WaterSewerParkingLawn ServiceSnow Removal Sale Type Standard Sewer On Site Septic Tax Annual Amount 14935.0 Tax Assessment Amount 420000.0 Tenant Pays ElectricityHeatHot WaterInsuranceTrash RemovalCable TvJanitorial ServicePest Control Utilities Water AvailableSewer AvailableButaneElectric AvailablePhoneCable Tv Available Vacation Rental YN No Water Source Well Year Built Effective 2002 Zoning Hc

Listing courtesy of Century 21 Rauh & Johns.
©2019 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-10-21T19:52:36.173.
 
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