94 E BROWNING RD, Bellmawr, NJ 08031
- 4,000 sqft
Multi-Family Home
Built in 1955
5,663sqft lot
—— car garage
$188/sqft
Listed 1 month ago
Property Description
Leases have just been increased and renewed for easy financing with long term written leases in place. This 5 unit mixed use building has no current vacancies and the leases total $87,900 annually. The current projected CAP rate based on income and expenses is 8.5%. This building has 3 residential apartments and 2 retail storefronts all with long term leases. Several updates have been made but there's still more room for growth and increased rent with full market potential exceeding $95,000 annually. Units are as follow: Apt 1 one bed one bath, Apt 2 one bed 1one bath, Apt 3 Three bed one bath, Storefront A Nail Salon, Storefront B Art/Tattoo studio. Tenants pay their own utilities for gas, heat, electric, hot water, and even sub-metered water. Additional details are available upon request.
- Listing Status:
- Active
- Data Last Updated:
- June 23, 2026 at 10:17PM
- Listing Office:
- RE/MAX Select - Princeton : 6099219202
- Listing Agent:
- Nathaniel S Parker : 6099214511
- MLS ID:
- NJCD2117796

- General: Above Grade
- Style: Traditional
- Parking: Public
- Roofing: PitchedFlat
- General: BlockSlab
- Originating MLS: BRIGHT_MAIN
- School District: BELLMAWR PUBLIC SCHOOLS
- County: CAMDEN-NJ
- Zoning: COMMERCIAL04-00137-00046
- Utilities: Water availableSewer availableNatural gas availableElectric availablePhoneCable tv availableAbove ground
- Water: Public
- Sewer: Public Sewer
- Source: BRIGHT_MAIN
This listing courtesy of Nathaniel S Parker , RE/MAX Select - Princeton
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
