USANJEgg Harbor City228 Philadelphia Ave

228 Philadelphia Ave, Egg Harbor City, NJ

Name: 228 Philadelphia Ave, For Sale in Egg Harbor City - Zoocasa
Brand: eXp Realty - Montclair
SKU: 609580
Price: 575000 USD

House

For Sale

Listed price in listed location currency (USD).

$575,000

000

MLS® 609580

Overview

Key Facts

Type

Levels Commercial Sale

Size -

Garage

Taxes

Days Active 10

Lot Size 0.14 Acres

Approx. Age 1900

MLS® Number 609580

Property Address: 228 Philadelphia Ave, Egg Harbor City, NJ, 08215-1331

Average square foot calculated using Size range provided by listing agent.

Description

Mixed-Use Investment Opportunity in Egg Harbor City with a 9.3% cap rate Welcome to 228 Philadelphia Avenue, a partially occupied, income-producing mixed-use property located in the heart of Egg Harbor City’s business district close to shopping and restaurants. This well-maintained building features three total units, including one commercial space and two residential units, offering positive cash flow with additional upside. The commercial unit is occupied by an accountant’s office, providing stable, professional tenancy and excellent street visibility. The 1-bedroom residential unit is currently occupied, while the spacious 4-bedroom unit is vacant with tenant applications submitted and pending approval, allowing for immediate income potential or flexibility for an owner-occupant. A detached garage adds additional value and convenience. The property is conveniently located close to restaurants, shopping, and public transportation, enhancing long-term tenant appeal and walk ability. This property also presents an excellent opportunity for an owner-occupant seeking strong cash flow. Please note that financing is limited to commercial financing or cash purchases only.

MLS® Number609580

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1900

Basement

Driveway

Garage Spaces

HeatElectric, Gas-Natural

A/CCentral, Window Units

Extras

Map

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