201 Rancocas Ave
Overview
Rare opportunity for an owner-occupant to offset (or potentially cover) their mortgage with built-in rental income. This versatile mixed-use property features three income-producing units, making it an ideal setup for a someone looking to live in one unit while collecting rent from the others.The property includes a Brazilian restaurant and a 1-bedroom apartment on the main level, plus a 2-bedroom unit upstairs—offering flexibility depending on your living and investment goals. With all units currently occupied by long-term tenants who would like to stay, you can step into immediate cash flow while planning your future use.Positioned on a high-visibility corner lot, the commercial space offers strong upside and flexibility for those considering operating their own business down the line—whether in food service, retail, or office use.Additional features include a newer heating system with two boilers, a full-size dry unfinished basement for storage, and a large backyard with a storage shed and planned barbecue area to enhance the commercial space.
Details
General
- Type
- House
- Bedrooms
- 3
- Bathrooms
- 2 full, 1 partial
- Square footage
- 1,956 sq. ft.
- Lot size
- 7,998 sq. ft.
- Year built
- 1940
- Pool
- No
- Garage
- No
Listing information
- MLS #
- NJBL2107646
- Listing provided by
- Elena Gut, EXP Realty, LLC
- Attribution Contact
- +18562205714
- Status
- Active
Location
- County
- BURLINGTON-NJ
- Address
- 201 Rancocas Ave, Riverside, NJ 08075