$750,000

94 E BROWNING RD, Bellmawr, NJ 08031

  • Property Icon other
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days 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:
May 9, 2026 at 7:19PM
Listing Office:
RE/MAX Select - Princeton : 6099219202
Listing Agent:
Nathaniel S Parker : 6099214511
MLS ID:
NJCD2117074
  • A/C: Other
  • Heating: RadiatorBaseboard - ElectricNatural Gas
  • Disability Feature: None
  • Parking: Public
  • Roofing: PitchedFlat
  • General: Block
  • 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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