220 N Centre St

$564,900

220 N Centre St, Merchantville, Nj 08109

For Sale

Mixed Use

Active

Last Updated: 02/05/2025

Details:

Cap Rate: 6%

NOI: $39,264

Building Size: 5,217 sqft

Year Built: 1950

Price Per Sqft: $108.28

Zoning: MIXED USE

Roof: Flat, Pitched, Shingle

Offered by Realtor

Lisa Pho

Keller Williams - Main Street

Request Info to Unlock

Highlights:

Days on Market: 34
Parking Features: Private
Heating: Baseboard - Hot Water, Radiator

Description:

Investment Opportunity in a Prime Location of Merchantville. This mixed use property offers 3 - 1 bedroom resident units and 2 spacious storefront commercial units. Residential has, in unit washer/dryer. Each floor has separate water heater; unit has separate heating zone and separate elctric meter. The 2 commercial has Central Air. Many updates done to the units and property within the pass 2 years. There's room to add more value and increase rent. Conveiently close to Rt 130 and a short drive to Philadelphia.

Location

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