For Sale
$499,900

523 Delsea Dr Sewell, NJ 08080

Four-Unit Income Property, High-Traffic Location

Property Records

Overview

Added:
Feb 3
Days on market:
85
This exceptional mixed-use property at 523 Delsea Drive, Sewell, NJ, presents a compelling investment opportunity. Spanning 3,232 square feet on a 0.69-acre lot, this property boasts four income-generating units: a single-family rancher, a towing office, a cleaning service, and a hair salon. The property benefits from ample on-site parking, a significant advantage given its location on busy Delsea Drive, providing excellent visibility and accessibility. Its strategic placement ensures convenient access to major roadways. Current rental income offers immediate return, with potential for significant increases as leases are renewed in the near future. Please note that advanced notice is required to allow tenants sufficient time. The property is being sold "as is" at the listed price of $499,900. Significant renovations were completed in 2008, enhancing the property's value and longevity. These upgrades include window replacements in the commercial building, along with electrical and bathroom improvements. The residential unit also received new windows (excluding the large front living room windows) and a new electrical panel. Furthermore, HVAC systems in the house, salon, and office were all replaced in 2008. This turnkey investment is ready for a new owner to capitalize on its strong income potential and prime location.

Property Details for 523 Delsea Dr

Property type
Mixed-use properties
Square Feet
3,232 SF
Year Built
1955
Lot Size (sq. ft)
30,056 SF

Location Insight

City
Sewell
County
Gloucester
State
New Jersey
Latitude
39.75488
Longitude
-75.11115

FAQs

What type of property is this?
Mixed-use property - Four-Unit Income Property, High-Traffic Location
Where is the mixed-use property located?
The property is located at 523 Delsea Dr Sewell, NJ.
What is the asking price?
The asking price for this property is $499,900.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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523 Delsea Dr
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