$464,000
$435,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
1,630 SqFt
SOLD DATE : 06/13/2024
Key Details
Sold Price $464,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,630 sqft
Price per Sqft $284
MLS Listing ID NJCD2068752
Sold Date 06/13/24
Style Back-to-Back
Abv Grd Liv Area 1,630
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $8,891
Tax Year 2023
Lot Size 0.669 Acres
Acres 0.67
Lot Dimensions 104.00 x 280.00
Property Description
We have MULTIPLE OFFERS. Pls present your Highest & Best offer by 8pm Tues 5/21/24, Thank you! JUST LISTED in desirable CHERRY HILL is this fully-renovated (2022) front/back DUPLEX sitting on an expansive double lot. This is a TURNKEY INVESTMENT PROPERTY in great condition. EACH UNIT IS LEASED to the same tenants since the 2022 renovation. Monthly rents total $4560 ($2050 Unit A; $2510 Unit B; with potential for additional rent increase upon renewal! Unit A at the front of the home is a 1st floor 2 bedroom/ 1 bath unit. Unit B @ rear entry of home is a 3 bedroom 1.5 bath unit with a 1st floor bedroom and two additional bedrooms & bonus/storage room on 2nd floor. This unit (B) has the basement access for storage. The home was fully renovated throughout in 2022 with Modern Open Concept Floorplans, new windows, LVP floors, new kitchens, baths, electrical, roof, HVAC & plumbing. Additionally the owner included Quartz countertops, all new SS appliances, and W/D in each unit. Nothing left to do, so this sale will be STRICTLY AS-IS. Buyer to perform all inspections or any repairs which may be required by lender, city, state, federal govt. There's potential for increase in rents at renewal under either the Sec8 leases or market rate leases. Potential buyers should perform their own due diligence with regard to insurance and property management fees because your fees may differ from current owner's fees. Owner expenses: Qtrly water is approx $147.00; Qtrly sewer is $95.00. CCMUA utility is $88/qtr. Seller prefers use of Infinity Title Agency for settlement services. Be advised: There is surveillance on the property inside and out.
Location
State NJ
County Camden
Area Cherry Hill Twp (20409)
Zoning RESD
Rooms
Basement Full, Interior Access, Sump Pump, Unfinished
Interior
Interior Features Combination Kitchen/Living, Entry Level Bedroom, Kitchen - Island, Bathroom - Tub Shower, Recessed Lighting
Hot Water Natural Gas
Heating Forced Air, Central
Cooling Central A/C
Flooring Luxury Vinyl Plank, Ceramic Tile
Equipment Built-In Microwave, Dishwasher, Oven - Self Cleaning, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
Fireplace N
Window Features Replacement
Appliance Built-In Microwave, Dishwasher, Oven - Self Cleaning, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
Heat Source Natural Gas
Exterior
Utilities Available Cable TV, Above Ground
Water Access N
Roof Type Architectural Shingle,Pitched
Street Surface Black Top
Accessibility None
Road Frontage Boro/Township
Garage N
Building
Lot Description Rear Yard, SideYard(s), Additional Lot(s)
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Back-to-Back
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
High Schools C. H. West
School District Cherry Hill Township Public Schools
Others
Tax ID 09-00102 02-00004
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FNMA
Listing Terms Cash, Conventional, FNMA
Financing Cash,Conventional,FNMA
Special Listing Condition Standard
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Bought with Gregory J Davis • VRA Realty
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Agent | License ID: 1863935