Fully occupied 2-unit mixed-use investment property located in the heart of Oaklyn, NJ, offered at $397,500 and presenting an excellent opportunity for investors seeking immediate cash flow and long-term upside. The property consists of one commercial unit and one 2-bedroom residential apartment. The commercial space is occupied by a well-established hair studio that has operated at the property for over 10 years and is currently on a month-to-month lease. The residential unit is occupied by a long-term tenant with a yearly lease in place, providing stable rental income.Additional income is generated from the detached garage, which is currently leased separately, and the property also features convenient on-site parking. Detailed profit and loss statements outlining rental income and operating expenses are available upon request. The property is being sold strictly as-is with all tenants in place, making it a turnkey investment opportunity in a desirable location.
Listing courtesy of BHHS Fox & Roach-Marlton. Contact: 8568105300