Skip To Content

    117 W Merchant Street

    AUDUBON, NJ 08106
    • $299,900
    • STATUS: Active
    • ON SITE: 11 days
    • ID#: NJCD2002780
    UPDATED: 45 min ago
    $299,900
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,080
      SQFT
    • $144
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    LOW TAXES, Low Maintenance and Very well Maintained INVESTMENT Opportunity! This fully rented multi-use triplex is located in the heart of Audubon on bustling Merchant Street the building benefits from being in the center of a collection of thriving businesses with plenty of street AND public parking lot parking! The first floor beautiful fully rehabbed retail shop is a popular established barber shop with a lease in place through June, 2024. This unit has full access to the full dry basement. Behind the shop with a separate rear entry is a main level studio apartment with a long term renter (who would like to stay) and is currently on a month to month lease. On the second level also with a separate entry is a 2 bedroom updated apartment with hardwood flooring, generous size rooms, light and bright with tons of natural sunlight with a washer and dryer. and a lease ending January 31, 2022. Out back there is a double driveway able to accommodate at least 4 cars. Annual rent brings $31,920 but could be much more. Convenient downtown location close to restaurants, brewery's, transportation, major highways, bridges and airport. Philly is just 7 minutes away!Monthly RENTS: Retail $800 - June 30 2024; Studio $585 month to month; 2 bedroom upper $1275 Jan 31, 2022. Roof, Hot Water Heater & driveway 4 years young. Upgraded electric - NO knob & tube.

    Monthly Payment Calculator



    ©2021 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 accurate by the MLS or Daunno Realty Services, LLC. 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: 2021-07-31T10:54:17.71.
    www.daunnorealty.com/homes/119460442
    Print Image

    117 W Merchant Street AUDUBON, NJ 08106

    • Price: $299,900
    • Status: Active
    • Updated: 45 min ago
    • ID#: NJCD2002780
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    2,080
    SQFT
    $144
    $/SQFT
    1920
    Built
    Neighborhood:
    Downtown
    County:
    Camden
    Area:
    Audubon Boro (20401)
    Elementary School:
    Mansion Avenue E.S.
    Middle School:
    Audubon Jr-Sr
    High School:
    Audubon H.S.
    School District:
    Audubon Public Schools
    Property Description
    LOW TAXES, Low Maintenance and Very well Maintained INVESTMENT Opportunity! This fully rented multi-use triplex is located in the heart of Audubon on bustling Merchant Street the building benefits from being in the center of a collection of thriving businesses with plenty of street AND public parking lot parking! The first floor beautiful fully rehabbed retail shop is a popular established barber shop with a lease in place through June, 2024. This unit has full access to the full dry basement. Behind the shop with a separate rear entry is a main level studio apartment with a long term renter (who would like to stay) and is currently on a month to month lease. On the second level also with a separate entry is a 2 bedroom updated apartment with hardwood flooring, generous size rooms, light and bright with tons of natural sunlight with a washer and dryer. and a lease ending January 31, 2022. Out back there is a double driveway able to accommodate at least 4 cars. Annual rent brings $31,920 but could be much more. Convenient downtown location close to restaurants, brewery's, transportation, major highways, bridges and airport. Philly is just 7 minutes away!Monthly RENTS: Retail $800 - June 30 2024; Studio $585 month to month; 2 bedroom upper $1275 Jan 31, 2022. Roof, Hot Water Heater & driveway 4 years young. Upgraded electric - NO knob & tube.
    Exterior Features

    Architectural Style Other Construction Materials Brick Garage YN No Location Type Downtown Lot Features Level Other Structures Above GradeBelow Grade Parking Types DrivewayParking LotOn Street Pool No Pool Property Condition Very Good Riparian Rights YN No Roof Flat Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 2080 Appliances DishwasherDisposalDryerOven/Range - GasRefrigeratorWasherWater Heater Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Ductless/Mini-SplitCeiling Fan(S)Window Unit(S) Exclusions Retail Shop Equipment/FurnishingsStudio Window Air Conditioner Fireplaces Total 0 Flooring HardwoodCeramic TileVinyl Heating Baseboard - ElectricOther Heating YN Yes Inclusions Washer/Dryer (Upper Unit & Retail Space)Refrigerator (Units B&C)Mini Split Units Security Features Carbon Monoxide Detector(S)Smoke Detector Single Room Units 2 Three Bedroom Units 0 Two Bedroom Units 1

    Property Features

    Acceptable Financing CashConventionalFhaVa Accessibility Features None Assessment Year 2020 Association YN No Central Air YN No Cooling Fuel Natural GasElectric Cross Street E. Atlantic Avenue Electric 100 Amp Service Existing Lease Type Long TermMonth To MonthYearly Gross Income 31920.00 Heating Fuel ElectricNatural Gas Hot Water Natural Gas Municipality Audubon Boro Navigable Water YN N Net Operating Income 11200.00 New Construction YN No Number Of Units Leased 3 Number Of Units Total 3 Number Of Units Vacant 0 Operating Expense 11200.00 Original MLSNumber 800870019744 Owner Pays RepairsSewerWaterTaxes - Real EstateInsurance Ownership Interest Fee Simple Possession Negotiable Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 6440.00 Tax Assessment Amount 178600.00 Tax Lot 00002 01 Total Actual Rent 31920.00 Transportation Airport Less Than 10 MilesBus Stop Less Than 1 MileCommuter Rail Station 1 To 5 Miles Vacation Rental YN No Water Source Public Window Features Replacement Zoning Commercial

    Listing courtesy of Compass New Jersey, Llc.


    ©2021 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 accurate by the MLS or Daunno Realty Services, LLC. 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: 2021-07-31T10:54:17.71.
     
    https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_2_800870019744-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_2_800870019744-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_2_800870019744-2.jpg
    Logo
    Daunno Realty Services, LLC
    206 Westfield Avenue
    Clark NJ, 07066