308 W Evesham Avenue

Magnolia, NJ 08049

TURNKEY CASHFLOW INVESTMENT!!! This attractive newly renovated (no deferred maintenance) 4-unit building features two retail spaces on the first floor and two residential apartments on the second floor. All units are occupied by long-time, reliable tenants. One of the residential unit has been converted in to a two bedroom and the rent is doubled. The other is ready to be done the same way (OPPORTUNITY to double the rent here as well). Both of the retail spaces is currently occupied by two successful businesses. (under market rents) This property also features a ton of great storage spaces, basement laundry, and a fire escape. Not only that, but each unit has a separate electrical box and heating unit. Here’s the best part...this property has it's own recently sealed parking lot with all new line for parking spots. Spots in front of the building are convenient for customers of the retail units and private spots in the back of the building are for the residents and shop owners. Start making cashflow the moment you're handed the keys. Make your appointment today!