3 E MANTUA AVE new to site

Wenonah,NJ 08090

$ 585000

- Bed

- Bath

3787 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,787 sqft

Price per Sqft $154

MLS Listing ID NJGL2057308

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $13,247

Tax Year 2024

Lot Size 0.289 Acres

Acres 0.29

Lot Dimensions 90.00 x 140.00

Property Sub-Type Mixed Use

Property Description

3 E Mantua Ave in Wenonah Is a mixed use property that offers one commercial storefront, and three residential apartments. Recent upgrades include. A new roof installed July of 2024 a new top coat of asphalt for the parking lot, exterior paint, common area stairwell redone and upgrade and one of the units was recently renovated. Each unit is forced air heat with window units for A/C.. All hot water heaters were replaced 7 years ago and are in good working order. The building has been meticulously maintained throughout the years. Currents rents are as follows, Unit 1 (storefront) pays $1,600 Per month, one year left on current lease with a 3 year option to extend. Unit 2 ( 2 bedroom) pays $1,000 per month on a month to month lease. Unit 3 (1 bedroom) was just recently renovated and pays $1,300 per month. There lease ends Jan 2026. Unit 4 (1 bedroom) pays $1000 per month, Month to month. the landlord pays for the Taxes, Water, Sewer & Gas. Tenets Pay electric. 2024 expenses totaled $22,500 giving this property an NOI of $36,300. This building is in a great location located in the historical part of Wenonah

Location

State NJ

County Gloucester

Area Wenonah Boro (20819)

Zoning RESIDENTIAL

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Garage Spaces 8.0

Water Access N

Accessibility None

Total Parking Spaces 8

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Gateway Regional Schools

Others

Tax ID 19-00058-00007

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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