117 W Merchant St

Off Market

117 W Merchant St

Audubon NJ 08106

0.05 ac.

Multi-Family

Last sold for $300,000

Suzanne Hoover, last sold this property on 01 October 2021 after 74 days on market.

Overview

LOW TAXES, Low Maintenance and Very well Maintained INVESTMENT Opportunity! This fully rented multi-use triplex is located in the heart of Audubon on bustling Merchant Street the building benefits from being in the center of a collection of thriving businesses with plenty of street AND public parking lot parking! The first floor beautiful fully rehabbed retail shop is a popular established barber shop with a lease in place through June, 2024. This unit has full access to the full dry basement. Behind the shop with a separate rear entry is a main level studio apartment with a long term renter (who would like to stay) and is currently on a month to month lease. On the second level also with a separate entry is a 2 bedroom updated apartment with hardwood flooring, generous size rooms, light and bright with tons of natural sunlight with a washer and dryer. and a lease ending January 31, 2022. Out back there is a double driveway able to accommodate at least 4 cars. Annual rent brings $31,920 but could be much more. Convenient downtown location close to restaurants, brewery's, transportation, major highways, bridges and airport. Philly is just 7 minutes away!Monthly RENTS: Retail $800 - June 30 2024; Studio $585 month to month; 2 bedroom upper $1275 Jan 31, 2022. Roof, Hot Water Heater & driveway 4 years young. Upgraded electric - NO knob & tube.

Features

0.05 ac. lot size

Multi-Family

Estimated Value

We need at least 3 similar multi families sold in Audubon over the last 12 months.

Property history for 117 W Merchant St

2021

Sold

$300,000

01 Oct 2021 by Suzanne Hoover, of Compass New Jersey, LLC

2017

Sold

$550

01 Oct 2017 by Suzanne Hoover

2017

Sold

$170,000

31 Mar 2017 by Suzanne Hoover

Happy sellers in Audubon

100%

100% of sellers in Audubon reported that their sale price either exceeded or met their price expectations.

Audubon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Audubon over the last 12 months.

Local market activity for multi families in Audubon

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Audubon for a market analysis.

Kathleen Mc Donald

at BHHS Fox & Roach-Haddonfield

(224 reviews)

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Jennifer Rothenberger

at Compass New Jersey, LLC

(14 reviews)

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Alicia Weister

at Coldwell Banker Realty

(16 reviews)

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Christina Ganassi

at Panaro Realty, LLC

(4 reviews)

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Nearby agents

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Kathleen Mc Donald

Sellers who recommend Kathleen Mc Donald have praised them for being local expert, clear communication, responsive, supportive, reliable, friendly, and honest