285 White Horse Pike, Lindenwold, NJ 08021

$259,900
List Price
$259,900
Price Change
▼ $10,000 1656375484
Days on Market
692
Status
ACTIVE
MLS#
NJCD415416
Lot Size (Acres)
0.46
Year Built
1950
County
Camden
School District
Lindenwold Borough Public Schools

Property Description

Unique investment opportunity and Just Reduced! ""11 1/2%+ NNN Lease ""Building with lease in place until 2024, Successful daycare facility is present tenant. Licensed for up to 42 children, 2.5-13 years old, including handicap access. Complete building renovation in 2012, Meticulously maintained, Sprinklered basement, Paved private parking with turnaround with handicapped spaces, Present tenant pays $30,000 year NNN, Tenant responsible for everything including all insurances, 11 1/2% return on investment, Located at a traffic lighted intersection with great highway exposure, Huge expanded fenced play area, Finished basement, 1 car attached garage, Sit back and collect rent with no headaches or expenses, Tenant responsible for first $10,000 in repairs, Over half acre on White Horse Pike. This is the Deal of the Century!! Call for any questions. Owner may consider holding a second mortgage to qualified buyer.

Additional Information

Area
Lindenwold Boro (20422)
Taxes
$4976
School District
Lindenwold Borough Public Schools
View
Street
Heating
Forced Air
Heating Fuel
Oil
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

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Listing courtesy of Century 21 Reilly Realtors. Contact: (856) 767-1776