205 Philadelphia Ave - Apartments FOR SALE


Egg Harbor City, NJ 08215
$1,250,000 USD
201-315-1223
205 Philadelphia Ave, Egg Harbor City, NJ for Sale
$1,250,000 USD
Apartments - FOR SALE
1/3
null | 6.05% Cap Rate

205 Philadelphia Ave
Egg Harbor City, NJ 08215


HIGHLIGHTS

  • 4 Units | 2 Residential & 2 Commercial Retail Storefronts
  • Prime Downtown Location in Egg Harbor City
  • Great for an Owner-user purchaser or Investor Seeking Cash Flow and Appreciation / Depreciation
  • Renovated Units providing many years of beautiful product and deferred maitenance

OVERVIEW

Prime 4 unit Mixed-Use Investment Opportunity | 2 Residential Apartments & 2 Retail Storefront Commercial Units The Elia Realty Group (ERG), powered by KW Commercial, proudly presents 205 Philadelphia Avenue in Egg Harbor City, New Jersey. This versatile mixed-use property offers both commercial and residential spaces, making it an excellent investment opportunity. The ground floor features commercial retail units, providing high visibility in a bustling business district. Above, the second floor boasts a spacious three-bedroom, one-bathroom apartment, recently updated with fresh paint, refinished hardwood floors, a modernized kitchen, and stainless steel appliances. Residents enjoy convenient access to local shops and public transportation. Positioned in a high-traffic commercial area, 205 Philadelphia Avenue is ideal for investors seeking a property with strong rental potential and long-term value.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$278 USD /SF

# OF UNITS

4

PRICE/UNIT

$312,500

CAP RATE

6.05%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4 Unit Mixed-use | Resi & Retail Storefronts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,280 SF

ZONING

Comm/Resi

APN/PARCEL ID

07-00207-0000-00012-02

ASK ABOUT THIS PROPERTY

Bruce EliaKW Commercial Fort LeeMore Info
201-315-1223

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Bruce EliaKW Commercial Fort LeeMore Info
201-315-1223

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