20 Juliustown Rd

Browns Mills, NJ 08015

Excellent opportunity to add to your portfolio with this 4 unit mixed use building located on main corridor in Browns Mills, close to Lakehurst Rd. and Trenton Ave.. The building features 2 commercial units on the 1st floor and 2 apartments on 2nd floor. The downstairs commercial space is leased out by a spa on a yearly basis and occupies both units the spa has been a tenant for years. There are two apartments upstairs with long term tenants and excellent rental history. The total income of the property is $45,600 per year, the P&L is located in documents. Rental rates are below market value with a good deal of upside. The rear of the property has a decent sized parking area for tenants and customers. There is an egress to Market Street from the rear of the property and access to public parking if needed. The adjacent properties are a convenience store, restaurant and residential properties.