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16 LINCOLN AVE Haddonfield, NJ 08033
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Key Details
Sold Price $610,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,234 sqft
Price per Sqft $188
Subdivision Historic Haddonfld
MLS Listing ID NJCD403642
Sold Date 12/24/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1856
Annual Tax Amount $12,031
Tax Year 2020
Lot Size 7,000 Sqft
Acres 0.16
Lot Dimensions 70.00 x 100.00
Property Description
GREAT INVESTMENT OPPORTUNITY IN HISTORIC HADDONFIELD. 5 UNITS: 2 Efficiency, 2 One Bedroom/One Bath, 1 Two Bedroom /Two Bath. TWO STORY Two Bedroom/ Two Bath unit with Washer & Dryer in Unit. PLUMBING & ELECTRICAL UPDATED 9 YEARS AGO. Coin Operated Washer and Dryer in Basement. 1 Water Meter. 5 Hot water heaters and 5 boilers. Hot water baseboard heating. Window Air Conditioning Units Annual Rental Income: $59,400 Annual Expenses: $18,000 Net Operating Income: $ 41,400 Cap Rate: 6.4%
Location
State NJ
County Camden
Area Haddonfield Boro (20417)
Zoning R7
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Flooring Hardwood
Heat Source Natural Gas
Exterior
Garage Spaces 6.0
Waterfront N
Water Access N
Roof Type Shingle
Accessibility None
Parking Type Driveway
Total Parking Spaces 6
Garage N
Building
Foundation Brick/Mortar
Sewer Public Septic
Water Public
New Construction N
Schools
School District Haddonfield Borough Public Schools
Others
Tax ID 17-00037-00003
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Seller Financing, Cash, Conventional, Private, Other
Listing Terms Seller Financing, Cash, Conventional, Private, Other
Financing Seller Financing,Cash,Conventional,Private,Other
Special Listing Condition Standard
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Bought with Holly Garber • BHHS Fox & Roach-Marlton