Investors, take note of this New Investment Opportunity in the Heart of Pitman! This fully occupied 3-unit mixed-use building is located in the heart of Pitman on the busy and highly visible street of South Broadway and is now available at an impressive CAP Rate over 7.5%. Recent improvements include brand new electrical rewire, new plumbing, new mini-split systems in the commercial space, fresh paint, new flooring in both the commercial space and 1 residential unit, and more! With strong revenue in place, major capital improvements already completed, and a prime Main Street location, this is a remarkable turnkey investment opportunity. Photos of the renovated residential units available separately per Tenant request. The property currently grosses $84,000 Annually, netting an impressive $69,000. Don't miss your chance to own an income-producing property in one of the highest demanded ZIP codes in all of Gloucester County. Whether you're looking to expand your portfolio or secure a cornerstone asset in a thriving downtown, 35–37 S Broadway checks all the boxes.
Property Features
Cooling Information
Central Air
Multi Units
Other
Ductless
Gas
Electric
Utilities
Cable Available
Sewer Available
Phone Connected
Other
Electricity Available
Heating Information
Electric
Oil
Other
Zoned
Water Features
Public
Parking
Other
School Information
School Information for 35 S BROADWAY, PITMAN, NJ 08071
Elementary School
N/A
Middle School
PITMAN M.S.
High School
PITMAN H.S.
Listing Courtesy: Keller Williams Realty - Margate - 609-399-5454