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1760-1762 Main St
Port Norris, NJ 08349
4 Units Fully Occupied · Retail Property For Sale
Executive Summary
Attention savvy investors looking for a turnkey investment to add to their portfolios... Check out this fully rented mixed use building in old-fashioned Port Norris. The rentals include the auction house/storage and two apartments - a two bedroom and a one bedroom. Gross rental income is $43,200 per year and good rental history with the tenants. Showings have to be confirmed with tenants. Reasonable property taxes and good cash-on-cash return for investors. Invest in your future today!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,522 SF
Building Class
C
Year Built
1950
Price
$250,000
Price Per SF
$55.29
Cap Rate
10%
NOI
$25,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.62 AC
Zoning
VB
Frontage
63’ on Main St
Property Taxes
| Parcel Number | 02-00244-0000-00007 | Improvements Assessment | $171,300 |
| Land Assessment | $32,600 | Total Assessment | $203,900 |
Property Taxes
Parcel Number
02-00244-0000-00007
Land Assessment
$32,600
Improvements Assessment
$171,300
Total Assessment
$203,900
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