200 W Kings Hwy
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200 W Kings Hwy
4 Unit Apartment Building $687,730 CAD ($171,932 CAD/Unit) Mount Ephraim, NJ 08059
Executive Summary
Excellent investment opportunity located off the Black Horse Pike on Kings Hwy. just minutes to Philadelphia. This 4 unit building has 3 apartments and a retail store front. All units have recently been renovated and all up to date. The store front is occupied by a salon for 6 years. Two large two bedroom units and a legal 1 Bedroom unit that could be 2 bedrooms that was recently rented for $1400/ month.
The store front (approx 900sqft) and has been set up as a salon for 20 plus year. The 2-2BR units have been occupied by the same tenants for 16 years and 25 years. Each apartment has a washer and dryer, separate entrances and separate utilities. The building shows very well and has great rental history with excellent upside on the current rentals. The property is located on a corner lot with off street parking on the side and rear of building. Potential income of $73,800 if brought up to market value with the 2-2BR units.
The store front (approx 900sqft) and has been set up as a salon for 20 plus year. The 2-2BR units have been occupied by the same tenants for 16 years and 25 years. Each apartment has a washer and dryer, separate entrances and separate utilities. The building shows very well and has great rental history with excellent upside on the current rentals. The property is located on a corner lot with off street parking on the side and rear of building. Potential income of $73,800 if brought up to market value with the 2-2BR units.
Property Facts
Price | $687,730 CAD | Lot Size | 0.09 AC |
Price Per Unit | $171,932 CAD | Building Size | 2,844 SF |
Sale Type | Investment | No. Stories | 2 |
No. Units | 4 | Year Built | 1950 |
Property Type | Multifamily | Parking Ratio | 0.35/1,000 SF |
Property Subtype | Apartment | Cross Streets | Davis Avenue |
Building Class | C |
Price | $687,730 CAD |
Price Per Unit | $171,932 CAD |
Sale Type | Investment |
No. Units | 4 |
Property Type | Multifamily |
Property Subtype | Apartment |
Building Class | C |
Lot Size | 0.09 AC |
Building Size | 2,844 SF |
No. Stories | 2 |
Year Built | 1950 |
Parking Ratio | 0.35/1,000 SF |
Cross Streets | Davis Avenue |
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PROPERTY TAXES
Parcel Number | 25-00051-0000-00001-01 | Improvements Assessment | $233,276 CAD |
Land Assessment | $44,407 CAD | Total Assessment | $277,683 CAD |
PROPERTY TAXES
Parcel Number
25-00051-0000-00001-01
Land Assessment
$44,407 CAD
Improvements Assessment
$233,276 CAD
Total Assessment
$277,683 CAD
zoning
Zoning Code | Multi |
Multi |
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200 W Kings Hwy
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