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Key Details
Sold Price $485,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,820 sqft
Price per Sqft $126
Subdivision Westmont
MLS Listing ID NJCD2065050
Sold Date 04/26/24
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $10,043
Tax Year 2022
Lot Size 2,701 Sqft
Acres 0.06
Lot Dimensions 18.00 x 150.00
Property Description
**Mixed-Use Investment Opportunity – Prime Location in Haddon Township**
Welcome to 20 Haddon Ave, a meticulously maintained mixed-use building offering an exceptional investment opportunity in the heart of Haddon Township. This versatile property presents a well-appointed barbershop on the first floor, a fully leased 1-bedroom apartment on the second floor, and an expansive additional space that once housed a dance studio – now ready to be transformed into an additional studio apartment or office space for supplementary income. This prime location is situated on Haddon Ave, this property enjoys high visibility and easy accessibility, making it an attractive choice for both residents and businesses alike. The first floor showcases a modernized barbershop that underwent a complete renovation in 2017. This state-of-the-art establishment offers a stylish and inviting atmosphere, ensuring a thriving and loyal customer base that would keep a landlord happy. The second floor has a leased 1-Bedroom, 1-Bath Apartment with separate entrance. This well-maintained 1-bedroom apartment that is currently leased, providing a consistent source of rental income. This apartment boasts comfort and convenience, making it an appealing option for tenants. This apartment leased in 1 day when it became available in 2023 due to its high desirability. The building offer a versatile additional space with an existing layout that once accommodated a dance studio, the property's additional space offers endless possibilities. Investors have the option to convert this area into an additional studio apartment to maximize rental potential or create office spaces for professionals seeking a well-connected location. The basement is a large unfinished space currently used for storage. This is a great Investment! This property presents an outstanding investment opportunity with multiple income streams. The combination of a thriving barbershop, a leased apartment, and the potential for further rental income positions this building as a savvy investor's dream to increase your ROI. Ideally located in Haddon Township, the property benefits from its proximity to local amenities, public transportation, and a vibrant community. Nearby shops, restaurants, and recreational facilities contribute to the area's appeal. Don't miss the chance to own a mixed-use building that epitomizes smart investment in a sought-after location. Come view and explore the limitless potential of 20 Haddon Ave in Haddon Township. This is your opportunity to secure a sound investment with lasting rewards.
Location
State NJ
County Camden
Area Haddon Twp (20416)
Zoning COMMERCIAL, C-1
Interior
Hot Water Natural Gas
Heating Baseboard - Electric, Forced Air
Cooling Window Unit(s), Central A/C
Flooring Tile/Brick, Wood, Vinyl, Carpet
Heat Source Natural Gas, Oil
Exterior
Garage Spaces 4.0
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Water Access N
View Street
Roof Type Flat
Street Surface Concrete
Accessibility None
Road Frontage Boro/Township
Total Parking Spaces 4
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Haddon Township Public Schools
Others
Tax ID 16-00020 16-00015
Ownership Fee Simple
SqFt Source Estimated
Security Features Security System
Acceptable Financing Cash, Private, Other
Listing Terms Cash, Private, Other
Financing Cash,Private,Other
Special Listing Condition Standard
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Bought with Carla H Cornick • BHHS Fox & Roach-Marlton