Address
205-207 Philadelphia Avenue, Egg Harbor City, NJ
Price
$ 845,000
Property Attributes
- MLS#NJAC2000154
- TypePending
- CountyATLANTIC
- CityEgg Harbor City
- AreaEgg Harbor City
- Zip08215
- StyleMedical
- Year Built1910
- Taxes$ 7694
- Price$ 845,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4760
- Lot Size0.08 Acres
Data Source:
Bright MLS
Property Description
Bank of America, Dental Care of Egg Harbor, LLC, two 3-bedroom apartments, 100% occupied. Lease with BOA started in 2013 for 15 years, has 7 years remaining. Years 16 to 30 go from $2927/month to $3,522.67/month. BOA reimburses 25% of all operating expenses. Dental Care lease is for 60 months with 2 five-year options at 3% bump per year. Dental Care just opened has ADA compliant bathroom. Leases escalate yearly. Buyer and seller will follow Bulk Sales Act, C9600, certified at least 10 days prior to settlement. 2nd floor two 3-BR apartments one at $1,200/month and one at $1,100/month. 4 units at 1,156 sf for total 4,624 sf. Cap Rate 7.66%. Located in busy commercial area near public transportation. Great Investment Opportunity! Call listing broker to show
| Price History | |
|---|---|
| 8/2/2021 | Listed $845,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Radiator |
| Cooling | Central A/C |
| Possession | Immediate |
| Roof | Asbestos Shingle |
| Zoning | R-C |
| Construction Materials | Masonry,Aluminum Siding,Brick Front |
| Year Built | 1910 |
| Electric | 110 Volts |
| Property SubType | Mixed Use |
| Tax Year | 2021 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Natural Gas |
| Business Type | Medical,Other |
| Accessibility | 36 + wide Halls |
| County | ATLANTIC |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Transportation | Airport less than 10 miles,Bus Stop less than 1 mile |
| Status | PENDING |
| Directions | West on Rt 30 turn right on Philadelphia Ave - property on left. East on RT30 turn left on Philadelphia - property 2 blocks on left |
| ModificationTimestamp | 2023-07-25T13:25:17 |
| City | EGG HARBOR CITY |
| Buyer Agent Compensation | 6 |
| Disclosures | Lead Based Paint - State,Use and Occupancy Permit |
| MLS Area | Egg Harbor City (20107) |
| Lot Size Square Feet | 3280.00 |
| Tax Assessed Value | 145700.0 |
| Waterfront Y/N | No |
| Street Name | PHILADELPHIA |
| Tax Annual Amount | 7694.0 |
| Property Condition | Excellent |
| Price Per Sq Ft | 177.52 |
| Acceptable Financing | Conventional,Cash,Exchange,Negotiable |
| Historic Y/N | No |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 465 |
| Standard Status | Pending |
| Year Built Source | Estimated |
| Tax Lot | 12.02 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Flooring | Wood |
| Hot Water | Multi-tank |
| Heating Y/N | Yes |
| Street Suffix | AVENUE |
| Central Air Y/N | Yes |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | On Street |
| Water View Y/N | No |
| Building Area Total | 4760.00 |
| Lot Dimensions | 40x82 |
| Lot Size Acres | 0.08 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Other Equipment | None |
| Land Assessed Value | 24500.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Estimated |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 08215
Price
Taxes
Visits
Year Built
Walkscore
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