117 W MERCHANT ST Audubon, NJ 08106

Terrific Investment Property with an excellent location in downtown Audubon commercial district. This three unit building includes two apartments currently rented for a combined $1,575.00. The third unit is a first floor retail location that currently rents for $600.00. As the new owner, you will have the option to open your own business on the first floor, or continue renting. All three units are in excellent condition and each unit has its own utilities. The 1st floor storefront is 550sf of prime retail space and has 1 full bathroom. This is an excellent retail location in the heart of the Main Street shopping district. In addition, the property is close to public transportation and easy access to Center City. Owner improvements include: new roof 5k, new driveway 2.5k, total gut/rehab apartments 45K, new water heater .5K, updated electric inc. knob and tube removal, and minor updating all totaling $68,000.