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Jonathan Granlund

jongranlund10@gmail.com +1(703) 537-6747

Listed by Carla Cornick • Coldwell Banker Realty

$349,999

Est. payment - /mo

7,405 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJCD2101482

Style Other

Year Built 2003

Annual Tax Amount $5,008

Tax Year 2024

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 50.00 x 150.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Welcome to 320 White Horse Pike, a fully vacant and highly adaptable triplex with mixed-use zoning and multiple paths for expansion. With three existing units, strong rental demand, and significant configuration flexibility, this property is ideal for investors, developers, or owner-operators seeking a versatile asset on a major thoroughfare. **Current Configuration and Expansion Options **Front Downstairs Unit – 3 Bedrooms / 2 Bathrooms Formerly a deli and zoned for mixed-use commercial, this space can be re-zoned for a residential unit or be converted to office or retail use. Ideal for professional services, boutique retail, personal care, or similar commercial applications (buyer to confirm permitted use). **Second Downstairs Unit – 3 Bedrooms / 1 Bathroom Offers substantial expansion potential. Options include: - Adding an additional bedroom and bathroom to create a 4-bedroom/2-bath unit - Converting the additional space into flex living or workspace - Reconfiguring into a fourth rental unit to increase total density and rent roll **Upstairs Unit – 1 Bedroom / 1 Bathroom Includes access to an unfinished attic, which may be finished for added living area, creating further income or value potential. *Combined, these layouts offer multiple long-term strategies including: - Full residential rental property - Mixed-use commercial and residential - A potential four-unit investment property - Owner-occupied business with income-producing units *Income and Market Positioning: Estimated residential rental income is approximately $5,000 per month in its current format, with the ability to increase revenue through reconfiguration, additional units, or commercial use. This property is priced competitively at $369,999, making it an exceptional entry for investors seeking immediate upside. *Location Benefits Located directly on the White Horse Pike, this property offers: - High visibility and drive-by traffic - Immediate access to public transportation - Convenient commuter routes in all directions - Ample paved parking suitable for residential, commercial, or mixed-use operations *320 White Horse Pike provides substantial flexibility, strong rental projections, and multiple strategies for value creation. An excellent opportunity for investors or buyers ready to maximize the potential of a well-located mixed-use asset.

Location

State NJ

County Camden

Area Chesilhurst Boro (20410)

Zoning COMM

Rooms

Basement Other

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling None

Flooring Tile/Brick, Wood

Fireplace N

Heat Source Natural Gas

Exterior

Utilities Available Natural Gas Available

Water Access N

Roof Type Shingle,Flat

Street Surface US Highway/Interstate

Accessibility None

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Private

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Winslow Township Public Schools

Others

Tax ID 10-00909-00005

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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Nearby Locations

"Jon's passion for real estate and his love for Virginia are a perfect match. He has made it his mission to help local residents sell their homes quickly and at the best possible prices. Equally, he takes immense pride in assisting homebuyers in finding their perfect piece of paradise in Virginia."

+1(703) 537-6747

jongranlund10@gmail.com

1765 Greensboro Station Pl, McLean, VA, 22102

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320 WHITE HORSE PIKE Waterford Works, NJ 08089