Pitman, NJ 08071
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Pitman, NJ 08071
$539,0009 Units
0.290000 Acres
Property Details
Just Reduced $60,000!! The Promonade, has had many upgrades from the basement up. It has been changed from a furniture store/warehouse, to a multi unit rental property. All the work has been done with permits and inspections and the project is partially complete.The entire property has working sprinklers for fire. The outside fasad is done with new stucko, windows, and doors. A new appraisel was just done by the bank and is $610,000.00, making this property listed well below the appraised value! The right investor can take advantage of this large price reduction and have a working investment property in down town Pitman right on Broadway. Owners are willing to negotiate all reasonable offers. Property is being sold as is. Finished, is estimated to bring in over $8,400 a month rents.
- Property Type Multi-Family
- Building Floors 2.00
- Design Stor&Res
- Entrance SecuredEntr
- Floor Tile/Brick
- Gross Square Feet 16000
- Land Square Feet 12500
- Total Units 9
- Property Age 88
- County GLOUCESTER
- Subdivision NONE AVAILABLE
Community & Schools
- Elementary School MEMORIAL E.S.
- Elementary School 2 W.C.K. WALLS E.S.
- High School PITMAN H.S.
- Middle School PITMAN M.S.
- School District Pitman
Interior Features
- Basement Y
- Basement Type Partial,Unfinished,OE/WkOutBsmt
- Interior Features SprinklerSys,Store/Office
- Two Bedroom Unit Count 2
- Baths Full Unit 1 1
- Beds Unit 1 2
- Room Count Unit 1 3
- Baths Full Unit 2 1
- Beds Unit 2 2
- Room Count Unit 2 3
- Baths Full Unit 3 2
- Unit 3 Interior Sq Ft 7000
- Room Count Unit 3 1
- Baths Full Unit 4 2
- Unit 4 Interior Sq Ft 865
- Room Count Unit 4 1
- Baths Full Unit 5 2
- Unit 5 Interior SqFt 865
- Room Count Unit 5 1
- Baths Full Unit 6 2
- Unit 6 Interior SqFt 856
- Room Count Unit 6 1
- Baths Full Unit 7 2
- Unit 7 Interior SqFt 1100
- Room Count Unit7 1
- Baths Full Unit8 2
- Unit 8 Interior SqFt 1500
- Room Count Unit 8 1
- Unit 9 Interior Sq Ft 625
- Room Count Unit 9 1
Exterior Features
- Water Front N
- Exterior Stucco
- Exterior Features Sidewalks,StreetLights
- Foundation StoneFound,Slab
- Roof FlatRoof,PitchedRoof
- Has Garage Flag Y
- Garage Spaces 4+CarGarage
- Garage Type Attached,InsideAccess,OversizedGar
- Parking 5-7CarParkng
Appliances & Utilites
- Central Air Y
Financial Details
- Unit 1 Monthly Rent 975.00
- Unit 2 Monthly Rent 765.00
- Unit 3 Monthly Rent 675.00
- Unit 7 Monthly Rent 1100.00
- Unit 8 Monthly Rent 850.00
- Tax Year 2008
- Total Assessment 240000.00
- Total Taxes 11969.00
Miscellaneous Details
- New Construction N
- Property Condition Average+Prop
- Storage Basement,Garage
- Type SingleBldg
Map & Directions
Delsea Dr. to Pitman Ave. Go to Broadway, make right to PIQ on right.
Map for Pitman, NJ 0807139.73277-75.130478
Map locations are not exact and are meant to be an estimated reference only.
In addition to this Multi-Family real estate property, we have hundreds of addtional Pitman real estate listings and homes for sale and Gloucester County real estate listings and homes for sale.
