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642 Main Street
Sewell, NJ 08080

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Property Details

List Price: $345,000
Beds: 4
Baths: 3
Status: Active
SqFt: 2168
Agency: Nancy Kowalik Real Estate Group

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Lot Size: 1 acre(s)
Property Type: Residential
Year Built: 1790
Notes: INVESTORS don’t miss out on this AMAZING INVESTMENT/RENTAL OPPORTUNITY! UNIQUE RENTAL PROPERTY with POSITIVE CASH FLOW totaling $3,600 GROSS PER MONTH! Situated on nearly 2-ACRES, this property is zoned for RESIDENTIAL-COMMUNITY COMMERCIAL. Property includes a Single-Family Residential 4 Bed, 2.5 Bath Home, FULLY-TENANTED Modular Home that was FULLY RENOVATED within the last year, OVERSIZED 3-Bay Detached Garage, 2-Bay Detached Garage, 1-Car Detached Garage and large Barn. An additional EMPTY LOT is included and can be used to serve MULTIPLE PURPOSES, especially for a LANDSCAPER or CONTRACTOR looking for a place to park their equipment. Lot is NOT approved for the building of an additional house, but you are permitted to build a POLE BARN or ADDITIONAL GARAGE as needed. Located in the COMMUNITY COMMERCIAL DISTRICT, uses permitted within the Borough of Sewell include RETAIL TRADE, DINING OR DRINKING PLACE, BANKING FACILITY, PROFESSIONAL OFFICE, PERSONAL BUSINESS SERVICE ESTABLISHMENT or RETAIL GARDEN CENTER. The favorable FLEXIBLE CC-ZONING TERMS offers you, the investor, SIGNIFICANT FUTURE UPSIDE and the unique opportunity to reposition the asset LONG-TERM to capitalize on your FUTURE GROWTH. Located on busy MAIN ST, with residential surrounding, the property is well-situated to serve a dense residential community of 37,112 RESIDENTS (1,284 people per sq. mile) within a 5-mile radius and an average median of $90,612/ANNUALLY. This population density makes the site desirable for retaining CURRENT TENANTS and also attractive PROSPECTIVE LONG-TERM TENANTS. Approved for OFF-STREET PARKING LOT, achievable through EMPTY LOT included with property. Tons of RENTAL OPPORTUNITY offered for the potential of ADDITIONAL CASH FLOW with RENTAL OPPORTUNITY through EXISTING STRUCTURES, including Single-Family Home, multiple Detached Garages and Pole Barn. Just minutes from all highway ramps including Rt-55, Rt-42, AC ExpressWay & 295 N/S for easy access to and from your location. Don’t miss this INCREDIBLE COMMERCIAL OPPORTUNITY- all us TODAY 856-478-6562 to inquire about before it’s GONE!

Listing Provided By: Nancy Kowalik Real Estate Group, original listing
Office Phone: (856) 478-6562
Agent Name: Karen Casey
Disclaimer: Copyright © 2021 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Mobile: (609) 504-3062

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