Check out this wonderful business opportunity! Mixed-use property: Includes a 2,000 sq. ft. commercial storefront and four two bedroom residential apartments .. Revenue potential: Multiple streams of income from residential and commercial tenants. Upgrades: Electric panels, hot water heaters, and HVAC system for the storefront have been modernized. Utilities: Separate meters for all units, so tenants cover their own utilities—lowering landlord expenses. Convenience: Fantastic location with easy access to RT 55, offering high visibility and accessibility. Flexibility: Three tenants are on month-to-month leases, giving options for rent adjustments or new arrangements. Updated systems: Modern septic installed 2020 and well systems ensure fewer maintenance headaches. This could be ideal for an investor or owner-operator seeking passive income with minimal overhead due to the updates and tenant responsibility for utilities.
For sale
Price cut: $10K (5/24)
$529,900
569 Morton Ave, Bridgeton, NJ 08302
8beds
--baths
6,000sqft
Est.:
Quadruplex
Built in 1923
-- sqft lot
$524,500 Zestimate®
$88/sqft
$-- HOA
What's special
Commercial store frontGreat parkingPhotography studio
- 245 days
- on Zillow |
- 308 |
- 14 |
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