$399,999
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Address not provided Merchantville, NJ 08109 Municipality: Merchantville Boro
Single Family-Detached
Residence
5
Beds
3
Baths
...
Bed/Bath
2,000
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
OPEN SUN 2:30-3:30! Welcome Home! Great Opportunity to Convert to Single Family (neighbor sold for $621k) or be a House Hacker (live in one and rent the other!)! Convertible to 5+ Bedroom, 2.5+ Bathroom House. Currently a 2 Unit Duplex in Merchantville with detached garage and NEWLY RENOVATED featur...es. First Floor Unit features 1 spacious bedroom with 9 ft ceilings, 1.5 bathroom, large living room & dining rooms, large kitchen with solid wood cabinets and NEW Stainless Steel Appliances on the main level. Direct access to partially finished basement, approximately 600 sqft, that has walkout stairs / BILCO type door. Flooring is solid hardwood, tile and vinyl plank. Central Air Conditioning with Forced Air Gas Furnace. 2 Gas Hot Water Heaters. Second Floor Unit features large kitchen, NEW Stainless Steel Appliances, 3-4 bedrooms, and one bedroom, across the second and third floors. The unit benefits from the downstairs unit's gas heating and has its own boiler hot water heating. The Second Floor Unit has NEWLY refinished hardwood floors and NEW Neutral Paint throughout. Second Floor has a stacked washer and dryer. Additionally, there is a 2 car detached garage and parking lot which can be rented for $650-800/month as additional storage to one of the tenants or another party. As a House Hacker, live in one and rent out the other! Or rent both, for maximum cash flow! Property income is projected in 2026 at $48,400+/year with both sides rented and an estimated 12.1% cap rate, return in investment (ROI). Two Electric Meters. 2 Separate Gas Hot Water Heaters. All financing types will be considered. Measurements and numbers are estimated, buyer to verify. Real estate agent has financial interest in property. Property to be provided with Township C/O. Garage in as-is condition with electric panel. DO NOT APPROACH OR TOUR GARAGE. Thank you. NEW Boiler 2025. NEW Roof 2023.* Newer Rear Deck.
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MLS#
NJCD2097800
Property Type
Single Family-Detached
Bedrooms
5
Bathrooms
2 Full/1 Half
Year Built
1900
Square Feet
2,000
sq. ft
Price per Sq. Ft.
$200.00
Lot Size
0.34
Stories
3.0
Sewer
Sewer Available, Public Sewer
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