200 White Horse Pike, Oaklyn, NJ 08107

$499,500

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List Price
$499,500
Price Change
▼ $25,500 1782526367
Days on Market
72
Status
ACTIVE
MLS#
NJCD2117942
Lot Size (Acres)
0.14
Year Built
1930
County
Camden
School District
Oaklyn Borough Public Schools

Property Description

Exceptional mixed-use investment opportunity on highly visible White Horse Pike in Oaklyn. This approximately 2,700 sq ft commercial property features a long-established first-floor commercial space currently occupied by a locksmith business with lease income of $1,500/month through June 2027, plus a beautifully renovated 2-bedroom apartment upstairs that was fully updated approximately one year ago with an estimated rental value of $2,000/month. The apartment is currently owner occupied. The building offers separately metered gas and electric utilities, helping simplify management and tenant responsibility. The commercial tenant is responsible for snow removal per lease terms, while the owner currently handles lawn maintenance. Additional improvements include newer windows throughout the first and second floors installed last year, exterior painting completed approximately two years ago, a newer water heater, and a basement French drain system for added protection and functionality. The commercial space includes a mini-split AC system, while the apartment utilizes window units for cooling. Excellent opportunity for an investor seeking stable mixed-use income, or an owner-occupant looking to offset expenses with commercial rental income in a prime Camden County location with strong daily traffic exposure.

Additional Information

Area
Oaklyn Boro (20426)
Subdivision
None Available
Taxes
$11300
School District
Oaklyn Borough Public Schools
Elementary School
Oaklyn E.S.
High School
Collingswood Senior H.S.
Heating
Baseboard - Hot Water
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of Sold Pros Real Estate LLC. Contact: (856) 428-2740