569 Morton Avenue
$550,000
—
20,900
20,900
$26
Coming Soon
Description
Check out this wonderful business opportunity that consist of a Commercial store front and FOUR two and three bedroom apartments attached in Deerfield Twp. The store front consist of 2000 sq ft with bathroom that is currently used as a photography studio. All units have seperate meters and tenants are responsible for their own utilities. There are a few long term tenants w a total of 3 of them on a month to month lease. Several units have been updated. Electric panels, hot water heaters and storefront...Check out this wonderful business opportunity that consist of a Commercial store front and FOUR two and three bedroom apartments attached in Deerfield Twp. The store front consist of 2000 sq ft with bathroom that is currently used as a photography studio. All units have seperate meters and tenants are responsible for their own utilities. There are a few long term tenants w a total of 3 of them on a month to month lease. Several units have been updated. Electric panels, hot water heaters and storefront HVAC have also been upgraded. Great parking and fantastic location w/ easy access to RT 55. Professional photos coming soon. Mixed-use property: Includes a 2,000 sq. ft. commercial storefront and four residential apartments (3 two-bedroom, 1 three-bedroom). Revenue potential: Multiple streams of income from residential and commercial tenants. Upgrades: Electric panels, hot water heaters, and HVAC system for the storefront have been modernized. Utilities: Separate meters for all units, so tenants cover their own utilities—lowering landlord expenses. Convenience: Fantastic location with easy access to RT 55, offering high visibility and accessibility. Flexibility: Three tenants are on month-to-month leases, giving options for rent adjustments or new arrangements. Updated systems: Modern septic and well systems ensure fewer maintenance headaches. This could be ideal for an investor or owner-operator seeking passive income with minimal overhead due to the updates and tenant responsibility for utilities.
- Listed by Juli Morella • Weichert Realtors-Mullica HillP: (856)-904-9280 julimorella@gmail.com
Property Details for 569 Morton Avenue
Tax ID Number
03-00046-00009
OwnershipFee Simple
Structure TypeDetached
StyleOther
WaterfrontNo
GarageNo
Expected On Market Date12-06-2024
SubdivisionNONE AVAILABLE
LISTING UPDATED: 11/25/2024 09:36 PM
Property Details for 569 Morton Avenue
Status | Coming Soon |
---|---|
MLS # | NJCB2021534 |
Days on Market | - |
Taxes | $5,135 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1923 |
Lot Size | 0.48 AC / 20,909 SF |
County | Cumberland County NJ |
Building Information for 569 Morton Avenue
Stories-Residences1Year Built1923Building Size-Lot Size0.48 AC / 20,909 SF
Property Information for 569 Morton Avenue
Property History for 569 Morton Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 569 Morton Avenue
Taxable ValueLand$29,900Additions$110,600Total$140,500
Tax Record2023$5,135 ($428 / month)
Home Facts
Beds0Lot Size20,909 SqFtStyleSingle Family ResidenceCountyCUMBERLANDAPN03 00046-0000-00009
Schools near 569 Morton Avenue
This home is within Cumberland Regional School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Deerfield Township Elementary School PublicPK to 8 | ||
Cumberland Reg High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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