Fully occupied 2-unit mixed-use investment property located in the heart of Oaklyn, NJ, offered at $397,500 and presenting an excellent opportunity for investors seeking immediate cash flow and long-term upside. The property consists of one commercial unit and one 2-bedroom residential apartment. The commercial space is occupied by a well-established hair studio that has operated at the property for over 10 years and is currently on a month-to-month lease. The residential unit is occupied by a long-term tenant with a yearly lease in place that expires in May 2027. Additional income is generated from the detached garage, which is currently leased separately, and the property also features convenient on-site parking. Detailed profit and loss statements outlining rental income and operating expenses are available upon request. The property is being sold strictly as-is with all tenants in place, making it a turnkey investment opportunity in a desirable location.
Exceptional mixed-use investment opportunity on highly visible White Horse Pike in Oaklyn. This approximately 2,700 sq ft commercial property features a long-established first-floor commercial space currently occupied by a locksmith business with lease income of $1,500/month through June 2027, plus a beautifully renovated 2-bedroom apartment upstairs that was fully updated approximately one year ago with an estimated rental value of $2,000/month. The apartment is currently owner occupied. The building offers separately metered gas and electric utilities, helping simplify management and tenant responsibility. The commercial tenant is responsible for snow removal per lease terms, while the owner currently handles lawn maintenance. Additional improvements include newer windows throughout the first and second floors installed last year, exterior painting completed approximately two years ago, a newer water heater, and a basement French drain system for added protection and functionality. The commercial space includes a mini-split AC system, while the apartment utilizes window units for cooling. Excellent opportunity for an investor seeking stable mixed-use income, or an owner-occupant looking to offset expenses with commercial rental income in a prime Camden County location with strong daily traffic exposure.
Oaklyn is located in New Jersey. Oaklyn, New Jersey has a population of 3,922. Oaklyn is more family-centric than the surrounding county with 29.34% of the households containing married families with children. The county average for households married with children is 28.19%.
The median household income in Oaklyn, New Jersey is $78,750. The median household income for the surrounding county is $75,485 compared to the national median of $69,021. The median age of people living in Oaklyn is 39 years.
The average high temperature in July is 87.8 degrees, with an average low temperature in January of 26.4 degrees. The average rainfall is approximately 47.4 inches per year, with 13.1 inches of snow per year.
