Description

Rare downtown Hammonton investment: a four-unit mixed-use building on a corner in the Heart of Hammonton fronting both Washington and 12th Streets. Up front, a two-story circa-1886 residence full of period character holds two residential units — a 4BR/2BA and a 2BR/1.5BA. To the rear, a considerably newer structure houses the income anchor: an approximately 1,800 SF commercial storefront (an established tattoo studio, and the best-conditioned space on the property) with a 2BR/1BA apartment above it. The two eras give you a genuine mix — vintage residential and a more modern commercial unit — currently grossing in the neighborhood of $6,500/month +/- with real room to reposition and grow. Built for a multi-unit hold: electric and gas are separated (tenant-paid), and the 1886 building carries a 50-year roof with roughly 40 years remaining. A courtyard and prominent street signage round it out. This is a value-add opportunity, plainly stated — the residential interiors are dated and ready for renovation. Bring your crew and your vision: update the units, raise the rents, and force the upside in a walkable downtown where foot traffic and local business already thrive. Income-producing corners in downtown Hammonton don't come to market often. Run your numbers — this one rewards the hands-on investor.

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Property information

Property type

Residential Income

Sub-type

Multi Family

Year built

1886

Living area

4,535 Sq Ft

Garage spaces

3

Annual taxes

$7,338

Price / Sq Ft

$265

Days on market

51

Features

Heating

Natural Gas

Parking

Paved · Driveway

Basement

Partial

Sewer / Water

Public Sewer · Public