Investors, take note of this New Investment Opportunity in the Heart of Pitman! This fully occupied 3-unit mixed-use building is located in the heart of Pitman on the busy and highly visible street of South Broadway and is now available at an impressive CAP Rate over 7.5%. Recent improvements include brand new electrical rewire, new plumbing, new mini-split systems in the commercial space, fresh paint, new flooring in both the commercial space and 1 residential unit, and more! With strong revenue in place, major capital improvements already completed, and a prime Main Street location, this is a remarkable turnkey investment opportunity. Photos of the renovated residential units available separately per Tenant request. The property currently grosses $84,000 Annually, netting an impressive $69,000. Don't miss your chance to own an income-producing property in one of the highest demanded ZIP codes in all of Gloucester County. Whether you're looking to expand your portfolio or secure a cornerstone asset in a thriving downtown, 35–37 S Broadway checks all the boxes.
Listing courtesy of Keller Williams Realty - Margate. Contact: 6093995454
/u.realgeeks.media/jeffgualtieri/GualtieriGroup_weblogo.png)