Merchantville NJ Multi Family for Sale
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.21 Acres
- Year built:
- 1892
- Baths:
- MLS#:
- NJCD2076156
- Subdivision:
- Historic Merchantv
ADDITIONAL INFORMATION
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!
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- NJCD2076004
- Subdivision:
- Pennsauken Woods
ADDITIONAL INFORMATION
Quaint and Charming Duplex nestled on Chestnut Ave in the picturesque Pennsauken Woods section of Pennsauken, 08109. The first-floor tenant's imminent departure by October 31st, 2024, presents a unique opportunity for an owner-occupant takeover! A savvy house hack where your upstairs tenant could potentially offset most of your mortgage costs. Each unit boasts a cozy layout comprising 1 Bedroom, 1 Bathroom, a Living Room, and an Eat-In Kitchen with updated bathroom fixtures. Notably flexible, the first-floor apartment offers potential conversion into a 2 bedroom configuration to suit varying needs. Distinctive features include separate utilities - tenants responsible for electricity, hot water, and cooking gas while the owner covers heating expenses. Enjoy convenience with landlord-owned washer/dryer units in each residence. Up-to-date Rental Certificates from Pennsauken Township ensure compliance along with a Lead-Based Paint certificate to align with current regulations. Enhancing its allure is an inviting front porch that exudes warmth and hospitality. The property further delights with a fully fenced expansive yard offering privacy alongside an owner-supplied shed and ample storage space within the sizable unfinished attic. Presently under lease until August 2025 at $1100/month, the second-floor unit provides income to offset your mortgage! This is an AS-IS sale, the buyer will be responsible for obtaining the Certificate of Occupancy.
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1890
- Baths:
- MLS#:
- NJCD2070776
ADDITIONAL INFORMATION
Prime Location, Prime Profits: Situated in the heart of a thriving neighborhood, Park Ave is strategically positioned to attract a steady stream of tenants. Its proximity to schools, shopping centers, and public transportation ensures a high demand for rental units, translating into consistent cash flow. Don't miss out on the chance to capitalize on this prime location and maximize your profits. With its strong rental market and potential for appreciation, this property offers a solid long-term investment opportunity. Take control of your financial destiny and make a smart move by adding this 3 unit Multi-Family property to your portfolio. Secure your future and build wealth with Park Ave. Income & Expense report provided in documents. There will be an open house tour on this property, not individual showings.
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Merchantville Real Estate
The median home value in Merchantville, NJ is $170,800. This is equal to the county median home value of $170,800. The national median home value is $219,700. The average price of homes sold in Merchantville, NJ is $170,800. Approximately 51.15% of Merchantville homes are owned, compared to 36.84% rented, while 12.01% 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 08109 has a population of 3,769. Merchantville 08109 is less family-centric than the surrounding county with 28.37% of the households containing married families with children. The county average for households married with children is 29.33%.
The median household income in Merchantville, New Jersey 08109 is $70,563. The median household income for the surrounding county is $65,037 compared to the national median of $57,652. The median age of people living in Merchantville 08109 is 41.8 years.
Merchantville Weather
The average high temperature in July is 87.9 degrees, with an average low temperature in January of 23.7 degrees. The average rainfall is approximately 46.4 inches per year, with 10.2 inches of snow per year.