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1108 Delaware St Paulsboro, NJ 08066

For Sale
$249,000

High-yield multi-unit property, strong cash flow.

Property size:
1,632 SF

Description

Added:
Feb 3, 2025
Days on Market:
315
This exceptional mixed-use property in Paulsboro, NJ, presents a compelling investment opportunity. Located at 1108 N Delaware Street, this 1,632 square foot building sits on a 0.03-acre lot and is currently listed at $249,000. The property boasts a strong approximate 13.2% cap rate, driven by its fully rented units. The first floor comprises a versatile commercial space, ideal for a variety of businesses, and a cozy one-bedroom residential unit. Upstairs, a spacious two-bedroom apartment offers additional rental income potential or comfortable living space. Each unit benefits from separate electric meters, simplifying utility management. Current rental income totals $3,400 per month, with the commercial unit generating $700, a one-bedroom apartment yielding $1,250, and a second residential unit bringing in $1,450. This unique blend of commercial and residential spaces provides flexibility for diverse investment strategies, making it perfect for owner-occupancy, or purely as an income-generating investment. The property is currently occupied, so please be mindful when scheduling viewings. This is a rare chance to acquire a high-performing multi-use property with immediate cash flow and significant upside potential.

Property Features for 1108 Delaware St

General Information

Property type
Mixed-use properties
Square Feet
1,632 SF
Lot Size
1,307 SF

Building Details

Year Built
1975

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Paulsboro
County
Gloucester
State
New Jersey
Longitude
-75.2417
Latitude
39.83205

FAQs

What type of property is this?
Mixed-use property - High-yield multi-unit property, strong cash flow.
Where is this mixed-use property located?
The property is located at 1108 Delaware St Paulsboro, NJ.
What is the asking price?
The asking price for this property is $249,000.
More about this property
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