321 E Evesham Ave

Magnolia, NJ 08049

Legal duplex with a subdivided, buildable lot. Each unit has 2 bedroom, 1 bathroom. Property is occupied and is need of repair and maintenance. Rents are below market - this is an underperforming asset and there is room to increase cash flow and return on investment. Opportunity to build an additional investment or spec house on adjacent lot. Walgreens and Royal Farms on the corner of the WHP with a vacant commercial lot next door and Jiffy Lube likely coming across the street. Also could be a possible commercial development play. Need to give tenants at least 24 hours notice before showing (preferably 48 hours).Serious inquiries only.