35-37 S Broadway,PITMAN, NJ 08071
PITMAN, NJ 08071
Description
Investors, take note of this New Investment Opportunity in the Heart of Pitman! This fully occupied 3-unit mixed-use building is located in the heart of Pitman on the busy and highly visible street of South Broadway and is now available at an impressive CAP Rate over 7.5%. Recent improvements include brand new electrical rewire, new plumbing, new mini-split systems in the commercial space, fresh paint, new flooring in both the commercial space and 1 residential unit, and more! With strong revenue in place, major capital improvements already completed, and a prime Main Street location, this is a remarkable turnkey investment opportunity. Photos of the renovated residential units available separately per Tenant request. Don't miss your chance to own an income-producing property in one of the highest demanded ZIP codes in all of Gloucester County. Whether you're looking to expand your portfolio or secure a cornerstone asset in a thriving downtown, 35-37 S Broadway checks all the boxes.
Details
| MLS # | NJGL2076330 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending-bright |
| Year | 1920 |
| Days On Site | 62 |
| Listing Provided By | Keller Williams Realty - Margate | Nicholas M Brennan |
Features
| Story(s) | 2 |
|---|---|
| Zoning | C-1 |
| Acreage | 0.06 |
Interior
| Cooling | Central A/C, Ductless/Mini-Split, Multi Units, Other |
|---|---|
| Heating Yes / No | Yes |
| Heating | Other, Zoned |
Exterior
| Construction Materials | Block |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Cable TV, Electric Available, Sewer Available, Phone Connected, Other |
|---|
Taxes
| Tax Annual Amount | 7526 |
|---|
Area Information
| State | NJ |
|---|---|
| County | GLOUCESTER NJ |
| City | PITMAN |
| Zip Code | 08071 |
| Area | Pitman Boro (20815) |
| School District | PITMAN BORO PUBLIC SCHOOLS |
| High School | PITMAN H.S. |
| Listing VS Median (in 08071) | |
Price: $899,999 low | high Med: $325,000 On site: 62 low | high Med: 48 | |
Market Activity 08071
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Learn More About This Property
| State | NJ |
|---|---|
| County | GLOUCESTER NJ |
| City | PITMAN |
| Zip Code | 08071 |
| Area | Pitman Boro (20815) |
| School District | PITMAN BORO PUBLIC SCHOOLS |
| High School | PITMAN H.S. |
| Listing VS Median (in 08071) | |
Price: $899,999 low | high Med: $325,000 On site: 62 low | high Med: 48 | |
