Yongmei "may" Tan
This listing was posted on RealtyWW.
$599,000
Home For Sale In Pleasantville, New Jersey
Price:
$599,000
BR/BA:
4 BR, 4 BA
Location:
101 E Black Horse Back E, Pleasantville, NJ
Description:
This stunning, multi-use renovated building offers numerous possibilities, and the lucky buyer will make a great return on this investment. Centrally Located on the corner of Black Horse Pike and Franklin Ave, the property underwent a complete renovation in 2008, resulting in a total available area of 5000 sqft, excluding an additional 800 sqft on the third floor. However, the tax records only indicate a size of 3628 sqft. With a large parking lot accommodating 12 to 15 cars, and boasting a strong business income, this property presents a prime opportunity. The first-floor commercial space spans 2500 sqft and has served as a beauty and wellness center for 16 years, generating substantial income. It features a spacious entrance room, five treatment rooms, a large training room, two full bathrooms, a first-floor laundry, and a sizable kitchen/dining area. Perfect for a salon, spa, nail shop, or professional offices, including medical practices, it could even be converted into a restaurant. The commercial space has the potential to yield significant rental income, ranging from $2, 500 to $3, 000 per month. Additionally, one of the treatment rooms could be partitioned for residential renting, with its separate entrance. The second floor, also spanning 2500 sqft, comprises three large bedrooms, each with an attached full bathroom, two well-appointed kitchens, two generously sized sitting rooms, and a second laundry room. It can be rented out as two to three separate units, fetching as much as $3, 300 to $3, 600 per month. The third floor offers an extra bonus, with 800 sqft of space featuring a full bathroom, an unfinished kitchen, and three rooms currently utilized for storage. This unit presents further profit potential if utilized effectively. Exiting the door leads to a spacious ceiling deck, providing a delightful relaxation spot during the summer months. The property boasts three entrances for different levels, along with two separate city water/PSEG meterscentral air conditioning and interior and exterior security systems. It comes equipped with four refrigerators, multiple window air conditioners, TVs in each room, and beautiful furnishings. All equipment can be transferred at a very reasonable price. Furthermore, the seller offers financing options, with interest rates as low as 5.2%, significantly lower than commercial mortgage rates. The property is being sold strictly in as is, where is condition. This distinguished property presents a golden opportunity. Don't miss your chance to secure your best investment today! Schedule a viewing to witness the wonders of this property firsthand!For more details: https://realtyww.info/homes_pleasantville-d537183/for-sale_i69576420
Property Type:
Single-Family Houses
Sq feet:
800 sq. ft.
Amenities:
AC, Patio/Deck, Refrigerator, Storage
Posted:
March 18 on RealtyWW
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More About this Listing: Home For Sale In Pleasantville, New Jersey
Home For Sale In Pleasantville, New Jersey is a Four Bedroom 4.5 Bath Single-Family Homes for Sale at 101 E Black Horse Back E in Pleasantville NJ. Find other listings like Home For Sale In Pleasantville, New Jersey and listings near 101 E Black Horse Back E by searching Oodle Classifieds for Four Bedroom 4.5 Bath Single-Family Homes for Sale in Pleasantville NJ.
Home For Sale In Pleasantville, New Jersey is a Four Bedroom 4.5 Bath Single-Family Homes for Sale at 101 E Black Horse Back E in Pleasantville NJ. Find other listings like Home For Sale In Pleasantville, New Jersey and listings near 101 E Black Horse Back E by searching Oodle Classifieds for Four Bedroom 4.5 Bath Single-Family Homes for Sale in Pleasantville NJ.