MLS® ID: NJCD388564
6315 WESTFIELD AVENUE
PENNSAUKEN, New Jersey, 08110 $199,900
GREAT INVESTMENT OPPORTUNITY .......Mixed use multi unit property in business district of Pennsauken. It is located in a busy strip center at Cove Rd and Westfield with lots of visibility. Approx 750 sq.ft open floor plan Store Front has lots of possibilities. Could be used for retail, yoga studio, hobby, arts and crafts shop etc. Retail counter included in the sale. 1 restroom available. Space was recently freshly painted and is ready for a tenant. 2 apartments are currently leased with positive cash flow. Lower unit (582 sq.ft.) is 1BR 1BA $770/mo. Has had a long term tenant for the past 4 years. Lease just rolled over in February 2020. Upstairs apartment (1345 sq.ft.) is 3BR 1BA. $1,275/mo with another long term tenant who would like to stay. Lease in place through October 2020. Tenants pay electric. Landlord provides gas and water/sewer. Full basement is completely dry and offers lots of storage space. 2 parking spaces in the alley behind for the apartments. Lots of street parking in front and plenty of foot traffic.