Welcome to this charming historic home in Grenloch Terrace! This multi use property has potential to be a 3 unit property. First, an old General Store, has approx 800 sq ft but no bath.
Next, a 750 sq ft Post Office occupies part of the first floor with its own half bath that has been renting since the 1940's! Currently leased for $1442/month. 2 years into 15 year lease with 2.5% increase every 5 years. Post Office may void lease with 24 month notice.
Finally, onto the 2200 sq ft, 2-floor apartment that boasts 5 beds, 2 baths with second floor laundry room. Walk up to large attic, 2 stairways, gorgeous large wrap around porch and full basement. Original hardwood floors and large built in cabinets give this house a unique Colonial atmosphere. There is also a mudroom off the kitchen and a screened in porch off the dining room. The hallway bath was remodeled 2 years ago, other full bath was remodeled 4 years ago, most windows were replaced in the last 5 years, flat roof is 3 years old. Water is shared and paid by landlord. 3 separate electrical boxes. Electric was updated in 2013 but some knob and tube still exists.
Property just one mile to route 42 and Atlantic City Expressway. This is a very unique property in a beautiful neighborhood.
Property Type :
Residential
Subdivision :
Grenloch Terrace
County :
GLOUCESTER
Style :
Residential
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ByOwner last updated this listing 04/29/2024 @ 07:09
MLS: NJGL2040610
LISTED BY: Michael DiPlacido , Weichert Realtors-Haddonfield
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
