Prime Investment Opportunity!! Location! Location! Location! With all Local and State approvals, 3 residential apartments , 2 Commercial spaces below. Located on the popular Centre St. , Walking distance to the vibrant, heart of Merchantville. Has at least 10 cars parking space in rear of building. Gas heating with separate zone, separate electric meter; New Roof, units renovtions. An extra lot attached. Conveniently located close to Rt 130. Easy access to transportation, schools, and short drive to Philadephia.
***best and final due Tuesday 12/17 at 5pm. This is a must see in Merchantville - The ability to live in one and have the other unit as a rental or keep both as a rental income property. The upper level is currently vacant and freshly painted. Each unit is a 2 bedroom 1 bath unit. The downstairs lease is through April 30, 2025 and would love to discuss the option of staying if possible. The downstairs unit features hardwood floors, beautiful kitchen and eat-in kitchen area. It also has a sunroom area in the front of the house. Full access to the unfinished basement. Plenty of storage space in the basement. The upper level tenant would have access to the basement from the bilco doors on the exterior. 2 washer/dryers, 2 HW heaters and heating systems, 2 meters and tenants can currently choose to split the basement area for storage. Lots of possibilities. Driveway parking. Tenants pay Electric and Heat. Tenants take care of snow removal. Landlord handles water/sewer currently and Lawn Care. Property being sold in as-is condition.
Welcome to 241 Victoria St! Here's your opportunity to own an income producing duplex in Merchantville. This property is recently renovated with new appliances, floors and light fixtures. Unit A is a 3 bedroom, 1 bathroom that rents for $2250. Unit B is a 2 bedroom, 1 bathroom unit that rents for $1850. Both units are currently rented. Schedule your appointment today and check out everything this duplex has to offer. Walking distance to a playground and downtown Merchantville with lots of restaurants and shopping. Cherry Hill Mall, Merchantville Country Club, golf course and other restaurants/shops just minutes away!
The median home value in Merchantville, NJ is $357,500. This is higher than the county median home value of $276,500. The national median home value is $338,100. The average price of homes sold in Merchantville, NJ is $357,500. Approximately 56.66% of Merchantville homes are owned, compared to 34.44% rented, while 8.9% are vacant. Merchantville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Merchantville real estate agent to arrange a tour today!
Merchantville, New Jersey has a population of 3,797. Merchantville is less family-centric than the surrounding county with 22.7% of the households containing married families with children. The county average for households married with children is 28.19%.
The median household income in Merchantville, New Jersey is $75,568. 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 Merchantville is 38.5 years.
The average high temperature in July is 87.9 degrees, with an average low temperature in January of 26.3 degrees. The average rainfall is approximately 47.4 inches per year, with 12.8 inches of snow per year.