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$485,000
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Property Description
**Mixed-Use Investment Opportunity - Prime Location in Haddon Township** Welcome to 20 Haddon Ave, a meticulously maintained mixed-use building offering an exceptional investment opportunity in the heart of Haddon Township. This versatile property presents a well-appointed barbershop on the first floor, a fully leased 1-bedroom apartment on the second floor, and an expansive additional space that once housed a dance studio - now ready to be transformed into an additional studio apartment or office space for supplementary income. This prime location is situated on Haddon Ave, this property enjoys high visibility and easy accessibility, making it an attractive choice for both residents and businesses alike. The first floor showcases a modernized barbershop that underwent a complete renovation in 2017. This state-of-the-art establishment offers a stylish and inviting atmosphere, ensuring a thriving and loyal customer base that would keep a landlord happy. The second floor has a leased 1-Bedroom, 1-Bath Apartment with separate entrance. This well-maintained 1-bedroom apartment that is currently leased, providing a consistent source of rental income. This apartment boasts comfort and convenience, making it an appealing option for tenants. This apartment leased in 1 day when it became available in 2023 due to its high desirability. The building offer a versatile additional space with an existing layout that once accommodated a dance studio, the property's additional space offers endless possibilities. Investors have the option to convert this area into an additional studio apartment to maximize rental potential or create office spaces for professionals seeking a well-connected location. The basement is a large unfinished space currently used for storage. This is a great Investment! This property presents an outstanding investment opportunity with multiple income streams. The combination of a thriving barbershop, a leased apartment, and the potential for further rental income positions this building as a savvy investor's dream to increase your ROI. Ideally located in Haddon Township, the property benefits from its proximity to local amenities, public transportation, and a vibrant community. Nearby shops, restaurants, and recreational facilities contribute to the area's appeal. Don't miss the chance to own a mixed-use building that epitomizes smart investment in a sought-after location. Come view and explore the limitless potential of 20 Haddon Ave in Haddon Township. This is your opportunity to secure a sound investment with lasting rewards.
Full Property Details
Full Property Details for 20 Haddon Ave
General
- Sold For: $485,000
- Taxes: $10,043 (2022)
- Status: Closed
- Type: Commercial
- Source: BrightMLSPhilly
- MLS ID: NJCD2065050
- Added to Site: 668 day(s) ago
Business
- Business Type: Hair Salon and Spa
Interior
- Flooring: Tile/Brick, Wood, Vinyl, Carpet
Additional Information
- Security/Safety: Security System
Parking
- Total Spaces: 4
- Parking Features: Private, Public
- Parking Type: Parking Lot, On Street
Location
- Area: Haddon Twp (20416)
- Municipality: HADDON TWP
- County: Camden
- Development Name: Westmont
- Subdivision: Westmont
- Cross Streets: Stratford
- Driving Directions: Cuthbert Blvd to Haddon Ave
- Location Details: Downtown
Heating & Cooling
- Central air: Yes
- Cooling Type: Window Unit(s), Central A/C
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric, Forced Air
- Heating Fuel: Natural Gas, Oil
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Structural Information
- Construction: Brick
- Foundation: Block
- Roof: Flat
- Entry Floor Number: 1
- Stories/Levels: 2
- Year Built: 1915
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
Lot Features
- Property View: Street
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,701
- Lot Size Source: Estimated
- Lot Dimensions: 18.00 x 150.00
- Street/Road Desc.: Concrete
- Zoning: COMMERCIAL, C-1
Financial Considerations
- Price Per Sq. Ft.: $126.96
- Assessment Year: 2022
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $253,200
- Tax Amount: $10,043
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Upstairs residential tenant belongings and barbershop/Salon equipment
- Lot Number: 15
Listed by BHHS Fox & Roach-Cherry Hill, Luis Ortiz
Sold by BHHS Fox & Roach-Marlton, Carla H Cornick
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Schools
Schools serving 20 Haddon Ave
School District:Haddon Township School District
| Name | Grades | Distance |
|---|---|---|
William G Rohrer Middle School 101 Macarthur Boulevard, Haddon Township, NJ 08108 | 6-8 | 0.8 mi |
Haddon Twp High School 406 Memorial Avenue, Haddon Township, NJ 08108 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20 Haddon Ave
Date
Details
Price
Change
Source
4/26/2024
Sold
$485,000
—
MLS
3/20/2024
Listed
$485,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
20 Haddon Ave, Haddon Township, NJ 08108 (MLS# NJCD2065050) is a Commercial property that was sold at $485,000 on April 26, 2024. Want to learn more about 20 Haddon Ave? Do you have questions about finding other Commercial real estate for sale in Westmont? You can browse all Westmont real estate or contact a Coldwell Banker agent to request more information.

