16,770 SqFt
16,770 SqFt
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 16,770 sqft
Price per Sqft $298
Subdivision None Available
MLS Listing ID NJCD2094732
Year Built 1990
Annual Tax Amount $11,942
Tax Year 2001
Lot Size 5,001 Sqft
Acres 0.11
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
This property has undergone a comprehensive interior and exterior transformation to modernize the units and enhance tenant amenities. The upgrades position the property as an attractive option for renters while maximizing long-term investment value. Current ownership spent over $1,000,000 on improvements, including common areas, exterior capital improvements, and unit renovations such as kitchens, bathrooms, flooring, PTAC units, opening walls, and secure entry and laundry.
Residents of Bellevue Terrace live on Haddon Avenue and are within minutes of the Downtown Collingswood borough, a thriving retail corridor home to cozy cafes, craft breweries, and vibrant bars. The property is close to neighborhood amenities such as Dunkin', Sagami (a top-rated sushi spot), Sabrina's Café (a favorite brunch spot), and popular restaurants Zeppoli, Il Fiore, Sapori Trattoria, and The Kitchen Consigliere. In addition, the 70-acre Knight Park and 345-acre Cooper River Park are within minutes of the property, offering running trails, bike paths, picnic spots, boat launches, athletic fields, and fishing.
Bellevue Terrace is a ±10-minute walk to the Ferry or Collingswood PATCO Speedline Station, providing a direct, fifteen-minute commute to Center City Philadelphia. Additionally, easy access to major highways (I-76, I-676, and Routes 30, 38, 70 and 130) makes commuting simple for those working in South Jersey or Philadelphia.
This turnkey property presents an opportunity for investors seeking stable cash flow, long-term appreciation, and minimal capital expenditures due to the recent renovations in a supply constrained market. With a diverse unit mix and updated curb appeal, the property is well-positioned for strong occupancy and competitive market rents.
Location
State NJ
County Camden
Area Collingswood Boro (20412)
Zoning SF-A
Interior
Hot Water Natural Gas
Heating Wall Unit
Cooling None
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Septic, Public Sewer
Water Public
New Construction N
Schools
School District Collingswood Borough Public Schools
Others
Tax ID 12-00133-00006 01
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
1050 Industrial Dr #110, Middletown, Delaware, 19709, USA