204 ATLANTIC STREET

Jennifer Rothenberger

$545,000 204 Atlantic St, Bridgeton, NJ 08302

INVESTOR ALERT! Commercial Rooming House with 13 units. This property features 13 unique units, an onsite House Manager and recently approve DCA inspection.
#1- #4 are efficiencies with kitchenette and full bath (unit #2 is the House Manager Unit)
#5, #7, #9 and #12- single room with half bath, also shares common full bath
#6, #8 and #14- single room with sink, shares common full bath
#11 and #12- detached from main building, efficiency with full bath
Laundry is available in the basement. Most units are partially furnished. Landlord pays all utilities.
Most units are occupied currently. There are 2 vacant and actively listed for rent by owner, more than half of the units have been update within the last year. While in good condition, with all required inspections passed on the city, state and fire levels, this property will sell As-Is with the Buyer responsible for any required City Certs. Pro Forma is attached.
Annual Operating Income & Expense Nets $55045.

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For Sale

Status
1900

Year Built

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Thank you for your interest in 204 Atlantic St, Bridgeton, NJ 08302. We are reviewing your request and will be in touch shortly!

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Features & Amenities

Area & Lot

Status: For Sale
Lot Size: 0.39 Acres
MLS® ID: NJCB2007186
Type: Commercial
Year Built: 1900

Exterior & Building

Water Source: Public
Roof: Asphalt
Parking: On Street
Heat Type: Baseboard, Hot Water, Natural Gas
Sewer: Public Sewer

Financial

Sales Price: $545,000
Real Estate Tax: $17,200/yr
Zoning: Rooming House

Property Insight

“13 unique units, an on-site House Manager, and a recently approve DCA inspection.”

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