$899,000

207 E BROAD ST, Palmyra, NJ 08065

  • Property Icon other
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

Introducing an exceptional investment opportunity at 207 E. Broad Street in picturesque Palmera Boro, New Jersey! This newly listed property is a remarkable blend of commercial and residential spaces, featuring two prime storefronts complemented by six modern residential apartments. Spanning over 10,000 square feet, this income-producing gem boasts a solid cap rate of 9.2, making it a savvy addition to any portfolio. Step inside the first-floor commercial unit, which serves as a stunning venue and retail area, perfect for attracting foot traffic and customers. The second commercial space is a versatile front office, ideal for a variety of businesses. The property underwent a complete rehabilitation in 2023, ensuring that every corner reflects modern design and functionality. With an impressive annual income, this property is not only priced to sell, but also offers fantastic growth potential for a motivated seller. Don't miss your chance to capitalize on this unique opportunity to own a thriving asset in a vibrant community. Act fast, as this listing won't last long!

Listing Status:
Active
Listing Office:
Realty Mark Advantage : 8564574900
Listing Agent:
Celenia Martinez : 2676940246
MLS ID:
NJBL2090006
  • Flooring: CarpetConcreteHardwoodHeavy dutyLaminatedLuxury vinyl tileMarbleStoneOther
  • A/C: Ceiling Fan(s)Central A/CMulti UnitsWall UnitWindow Unit(s)Other
  • Heating: Baseboard - ElectricOther90% Forced AirNatural GasElectric
  • Disability Feature: 2+ Access Exits

This listing courtesy of Celenia Martinez, Realty Mark Advantage

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Charles Street School

100 W Charles St, Palmyra, NJ, 08065

Grades PK-6

0.59 miles away

P

Palmyra Middle School

311 W 5th St, Palmyra, NJ, 08065

Grades 6-8

0.45 miles away

P

Palmyra High School

311 W 5th St, Palmyra, NJ, 08065

Grades 7-12

0.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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