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420 CINNAMINSON AVE Cinnaminson, NJ 08065
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Key Details
Sold Price $360,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,232 sqft
Price per Sqft $111
Subdivision None Available
MLS Listing ID 1001753555
Sold Date 12/15/17
Style Other
HOA Y/N N
Abv Grd Liv Area 3,232
Originating Board TREND
Year Built 1960
Annual Tax Amount $9,541
Tax Year 2016
Lot Size 7,500 Sqft
Acres 0.17
Lot Dimensions 50X150
Property Description
The best opportunity in a long time has arrived! This residential investment gem was designed with 4 spacious single floor 2-bedroom, 1 bath rental apts. Pull into the new asphalt driveway with off-street newly stoned parking area, detached 4-car individual locking garages and new security lights at front and rear private entrances. Apts are kept dry with a newer maintenance free rubber roof recently silver coated along with the garage roof. The owner worked hard to convert the property to almost maintenance free with vinyl siding, efficient vinyl windows, new mailboxes, replacing lawns and bushes with stone beds, trimmed back trees, replaced curb sewer trap, resident paid utilities and all doors are easily rekeyed with Kwikset Smart Key Locks. Long term residents enjoy their large living/dining room, W/W carpet, galley style kitchen, gas cooking, fridge, ceiling fans in both bedrooms, new paint throughout, walk-in closet, programmable thermostats and exterior patio. Owner has sweetened the deal with Apts. #1 and #2 having been completely renovated in January 2017 with new bathrooms, shower surrounds, paint, carpet, kitchen cabinets, garbage disposal, SS microwave, SS dishwasher, ceiling fans, flooring and fixtures. Even more landlord savings are apparent with each apt having newer hot water heaters and newer efficient gas heat boilers, resident paid. Increase your revenue with shared coin operated commercial size large capacity washer and dryer. All security deposits are 1-1/2 months. Property has all current NJ State inspections and sold as-is. Walk up only 1-block to the center of the town of Palmyra, NJ where you will find convenience stores, restaurants, bars, caf 's, shops, banks, town hall, new community center, post office, police station, fire department and redeveloped Legion Field with new football, soccer, baseball fields, basketball and tennis courts and concession stands. Multiple schools, Riverline Light Rail train and buses are just blocks away. Location is key as we are located just 1-mile from the Tacony-Palmyra Bridge with the Palmyra Cove Nature Center and hiking trails, or jog and bike along the Delaware River. With rising property prices and rising rents, don't let this investment opportunity get away! Excludes: Tenant Belongings, Garage Contents, (2) Front Plastic Trees, Rain Barrel, Landlords lawnmower, laundry storage cabinet
Location
State NJ
County Burlington
Area Palmyra Boro (20327)
Zoning MULTI
Rooms
Other Rooms Primary Bedroom
Basement Partial, Unfinished
Interior
Hot Water Natural Gas
Heating Gas, Hot Water
Cooling Wall Unit
Flooring Fully Carpeted, Tile/Brick
Fireplace N
Window Features Replacement
Heat Source Natural Gas
Laundry Common
Exterior
Garage Spaces 8.0
Utilities Available Cable TV Available
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Parking Type Detached Garage
Total Parking Spaces 8
Garage Y
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
High Schools Palmyra
School District Palmyra Borough Public Schools
Others
Tax ID 27-00087-00014
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Matthew R Colucci • HomeSmart First Advantage Realty