💰 TWO-INCOME STREAM DEAL VACANT SALON + 3BR APT (VALUE-ADD) 💰
3012 Mount Ephraim Ave, Haddon Township, NJ 08104
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
💰 Asking Price: $195,000
📈 Est. ARV (Renovated + Stabilized): ~$315,000
🏠 2026 FMR (3BR): $1,700/mo
🏢 Est. Commercial Rent: ~$1,800–$2,200/mo
✅ Mixed-Use: 1st Floor Commercial (Salon/Storefront) + VACANT | 2nd Floor 3BR / 1BA Apartment
✅ ~2,585 Sq Ft
✅ Built 1920
✅ Public Water & Sewer
✅ Gas Furnace + Gas Hot Water
✅ Zoning: C2
📌 PROPERTY SUMMARY:
VALUE-ADD MIXED-USE IN A HIGH-VISIBILITY CORRIDOR WITH TWO INCOME STREAMS. VACANT STOREFRONT OFFERS IMMEDIATE UPSIDE FOR LEASING OR OWNER-USER, WHILE THE UPSTAIRS 3BR/1BA APARTMENT ADDS STRONG RESIDENTIAL INCOME POTENTIAL. IDEAL FOR AN INVESTOR LOOKING TO REPOSITION, STABILIZE, AND EITHER HOLD FOR CASH FLOW OR SELL ONCE OCCUPIED/UPDATED.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📊 COMPS:
• 1320 Elm Ave, Haddon Township, NJ 08107 — Duplex 3/2, 1,369 sf — Sold $375,000 (02/2025)
https://www.zillow.com/homedetails/1320-Elm-Ave-Haddon-Township-NJ-08107/38266666_zpid/
• 1301 Newton Ave, Haddon Township, NJ 08107 — 4/2, 1,944 sf — Sold $230,000 (05/2025) (Needs Full Rehab)
https://www.zillow.com/homedetails/1301-Newton-Ave-Haddon-Township-NJ-08107/38266667_zpid/
• 3104 Mount Ephraim Ave, Camden, NJ 08104 — Mixed-Use (Commercial 1st floor), 2/2, 1,392 sf — Sold $245,000 (03/21/2025)
https://www.zillow.com/homedetails/3104-Mount-Ephraim-Ave-Camden-NJ-08104/408245962_zpid/
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📞 NEXT STEPS:
📲 Call/Text HARSHIL directly at 856-388-5669 to schedule an appointment for ACCESS & receive more info!