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    110 Railroad Ave

    Hammonton, NJ 08037
    • $2,100,000
    • STATUS: Active
    • ON SITE: 27 days
    • MLS #: 545709
    UPDATED: 28 min ago
    $2,100,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    Rarely offered is a chance to own this existing 10 unit apartment complex, just a block from Main St in the heart of Hammonton! Plenty of value-add potential here! New owner can continue to collect and improve the current rent roll in place or develop the property to add more rental income! Sale includes adjoining 118 Railroad Avenue lot which is also accessible from the Orchard St entrance. The building is always fully rented. Utilities are separated. Owner pays water and sewer. Current owner has renovated the existing building and has started the planning process to add more units. Will provide preliminary plans consisting of an additional 12 units. Please do not disturb tenants.

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    © 2021 South Jersey Shore Regional 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cheryl Huber Team. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2021-01-25T10:50:01.3.
    www.oceancitynewjerseyhomes.com/homes/112886664
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    110 Railroad Ave Hammonton, NJ 08037

    • Price: $2,100,000
    • Status: Active
    • Updated: 28 min ago
    • MLS #: 545709
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1960
    Built
    Neighborhood:
    Hammonton Town
    County:
    Atlantic
    Area:
    Hammonton Town
    Property Description
    Rarely offered is a chance to own this existing 10 unit apartment complex, just a block from Main St in the heart of Hammonton! Plenty of value-add potential here! New owner can continue to collect and improve the current rent roll in place or develop the property to add more rental income! Sale includes adjoining 118 Railroad Avenue lot which is also accessible from the Orchard St entrance. The building is always fully rented. Utilities are separated. Owner pays water and sewer. Current owner has renovated the existing building and has started the planning process to add more units. Will provide preliminary plans consisting of an additional 12 units. Please do not disturb tenants.
    Exterior Features

    Driveway BlacktopShared Garage None Lot Dimensions 67X170 Parking Three Or More Cars

    Interior Features

    Also Includes See Remarks Basement 6 Ft. Or More Head RoomFinishedInside EntranceOutside Entrance Heating Electric

    Property Features

    Approved Short Sale No Bank Owned Foreclosure No May Be Subject To Third Party Approval Short Sale No Multifamily Type 4 - 10 Units Sale Or Rent For Sale Sewer Public Sewer Tax Year 2020 Taxes 12236 Water Public

    Listing information © 2021 South Jersey Shore Regional MLS.
    Listing provided courtesy of Wagner Real Estate Group.


    © 2021 South Jersey Shore Regional 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cheryl Huber Team. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2021-01-25T10:50:01.3.
     
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