Views
Listed By:
BHHS Fox & Roach-Cherry Hill
Address
20 Haddon Ave, Westmont, NJ
Price
$ 485,000
Property Attributes
  • MLS#NJCD2065050
  • TypePending
  • CountyCAMDEN
  • CityWestmont
  • AreaHaddon Twp
  • NeighborhoodWestmont
  • Zip08108
  • StyleHair Salon and Spa
  • Year Built1915
  • Taxes$ 10043
  • Price$ 485,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4000
  • Lot Size2,614 SqFt
Data Source:
Bright MLS
Property Description

**Mixed-Use Investment Opportunity Prime Location in Haddon Township** Welcome to 20 Haddon Ave, a meticulously maintained mixed-use building offering an exceptional investment opportunity in the heart of Haddon Township. This versatile property presents a well-appointed barbershop on the first floor, a fully leased 1-bedroom apartment on the second floor, and an expansive additional space that once housed a dance studio now ready to be transformed into an additional studio apartment or office space for supplementary income. This prime location is situated on Haddon Ave, this property enjoys high visibility and easy accessibility, making it an attractive choice for both residents and businesses alike. The first floor showcases a modernized barbershop that underwent a complete renovation in 2017. This state-of-the-art establishment offers a stylish and inviting atmosphere, ensuring a thriving and loyal customer base that would keep a landlord happy. The second floor has a leased 1-Bedroom, 1-Bath Apartment with separate entrance. This well-maintained 1-bedroom apartment that is currently leased, providing a consistent source of rental income. This apartment boasts comfort and convenience, making it an appealing option for tenants. This apartment leased in 1 day when it became available in 2023 due to its high desirability. The building offer a versatile additional space with an existing layout that once accommodated a dance studio, the property's additional space offers endless possibilities. Investors have the option to convert this area into an additional studio apartment to maximize rental potential or create office spaces for professionals seeking a well-connected location. The basement is a large unfinished space currently used for storage. This is a great Investment! This property presents an outstanding investment opportunity with multiple income streams. The combination of a thriving barbershop, a leased apartment, and the potential for further rental income positions this building as a savvy investor's dream to increase your ROI. Ideally located in Haddon Township, the property benefits from its proximity to local amenities, public transportation, and a vibrant community. Nearby shops, restaurants, and recreational facilities contribute to the area's appeal. Don't miss the chance to own a mixed-use building that epitomizes smart investment in a sought-after location. Come view and explore the limitless potential of 20 Haddon Ave in Haddon Township. This is your opportunity to secure a sound investment with lasting rewards.

Price History
3/20/2024 Listed $485,000

General Features

Sewer Public Sewer
Heating Baseboard - Electric,Forced Air
Cooling Window Unit(s),Central A/C
Utilities Water Available,Sewer Available,Natural Gas Available,Electric Available,Phone,Cable TV Available
Possession 0-30 Days CD
Roof Flat
Zoning COMMERCIAL,C-1
Security Features Security System
Construction Materials Brick
Exclusions Upstairs residential tenant belongings and barbershop/Salon equipment
Year Built 1915
Electric 200+ Amp Service
View Street
Property SubType Other
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Hair Salon and Spa
Accessibility None
County CAMDEN
New Construction No
Property Type Commercial Sale
Subdivision Name WESTMONT
Possible Use Apartments,Barber/Beauty,Convenience Store,Office,Medical/Dental,Multi-Family
Water Access Y/N No
Status PENDING
Directions Cuthbert Blvd to Haddon Ave
ModificationTimestamp 2024-03-20T15:58:05
City WESTMONT
Buyer Agent Compensation 2.75
Disclosures Under Lease
Total Units 2
MLS Area Haddon Twp (20416)
Lot Size Square Feet 2701.00
Tax Assessed Value 253200.0
Waterfront Y/N No
Street Name HADDON AVE
Tax Annual Amount 10043.0
Property Condition Excellent
Price Per Sq Ft 126.96
Acceptable Financing Cash,Private,Other
Historic Y/N No
Vacation Rental Y/N No
Days on Market 1
Location Type Downtown
Standard Status Pending
Year Built Source Estimated
Tax Lot 00015
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Natural Gas,Oil
Flooring Tile/Brick,Wood,Vinyl,Carpet
Hot Water Natural Gas
Total Stories 2
Heating Y/N Yes
Central Air Y/N Yes
Entry Level 1

Exterior Features

Parking Features Private,Public
Water Source Public
Total Parking Spaces 4
Type of Parking Parking Lot,On Street
Foundation Details Block
Water View Y/N No
Building Area Total 3820.00
Lot Dimensions 18.00 x 150.00
Lot Size Acres 0.06
Road Surface Type Concrete
Lot Size Units Square Feet
Lot Size Source Estimated
Road Responsibility Boro/Township
Land Assessed Value 27700.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Estimated
Car Parking Spaces 4

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 08108

Price
AVG $380K
$490K
Taxes
AVG $8,434
$10,043
Visits
AVG 140
153
Data Provided by Inside Real Estate®
Year Built
AVG 1930
1915

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