465-467 broadway

Discover a lucrative investment opportunity with this 3-unit mixed-use property boasting a potential cap rate exceeding 11%. Benefit from the stability of long-term tenants in the two commercial units, including a Hair Salon with a 7-year tenure and an office occupied for 5 years. The spacious 3-bedroom unit on the second floor awaits your personal touch with flooring and bathroom upgrades, featuring a convenient mud/laundry room entrance. Comparable three-bedroom units in Gloucester City command rents of $1800+, ensuring a promising return on investment. Enjoy peace of mind with recent property upgrades, including a 2012 roof replacement, 2021 heater replacements, and a 2018 electric box update. Don't miss out on this exceptional opportunity on Broadway. Please find P&L in documents.