2800-02 N Centre St

Attention investors and/or an owner looking for a home with your own store front attached. This unique but highly useful property is a rare find. You have two residential apartments plus a commercial store front/storage space. When all three units are rented the income is $28,800 per year. The upstairs tenants pay $700 which is low because they've been there for 7 years. The place is usually fully rented but when the downstairs tenants vacated after a 5 year rental period the owner decided to leave the place empty in case an interested buyer wants to owner occupy . The downstairs unit includes an open front porch, living room/dining room combination with wood floors, an upgraded eat in kitchen with a breakfast bar, a newly remodeled ceramic tile bath, a large laundry/storage room a good sized master bedroom with double closets, a full basement, and an excellent size back yard with a large shed for additional storage (usually rents for $1200). The upstairs unit is a one bedroom with a living room and eat in kitchen. The store is a good sized office/reception area and a large storage area behind (rents for $500). This could have many uses. The last store was an antique slot machine dealer so there's a ramp to access the storage area if needed. The income is good, it's a very desirable location very close to down town Merchantville and the building is in good shape.