One property, four separate income-producing units, and a mix of residential and commercial use that gives an investor multiple ways to generate revenue from a single address. 3400 Cove Rd features three residential units along with a street-level commercial space currently operating as a barber shop. The residential mix includes a 3-bedroom unit and two 2-bedroom units, with finished attic areas adding additional usable room to two of the apartments. The commercial space includes its own half bath and an established tenant. With all four units currently occupied, the income is already in place. Three residential rentals combined with a commercial tenant also create a diversified rent roll rather than relying on a single source of income. Conveniently positioned near major roadways, shopping, public transportation and the surrounding Merchantville and Pennsauken area, the location keeps tenants connected to everyday necessities and employment centers throughout South Jersey and Philadelphia. For the investor looking to add multiple doors without purchasing multiple properties, this is where the opportunity gets interesting. Four occupied units, multiple income streams and a property already producing from day one. Take a closer look at what 3400 Cove Rd could add to your portfolio.
SHOWINGS BY APT ONLY! Do not trespass! Great property to live in and rent the other. Long Term renter Unit B 4/1 for $2250/mo. LARGE Unit A 1 Bed 1.5 Bath available as residence for homeowner occupant or expected market rate rental $2000/mo. Charming Duplex House 2000 SQFT across 3 levels with large fenced backyard, 2 car garage and rear parking lot. Front and Back Covered Porches and Trex Decking in Rear. Recently Replaced Roof (est 2023-2024). Recently Renovated Unit A features 1 Bedroom, 1.5 Bathrooms. 8-9' ceilings. Kitchen has Solid Wood Cabinetry, NEW* Stainless Steel Fridge with Icemaker, NEW* Gas Oven/Stove, Renovated Bathroom with NEW* Double Sink Quartz Stone-Top Vanity, Large Mirror, Toilet, Satin Nickel Shower Hardware. Half Bath with New Toilet and Sink. NEW* Washer & Dryer, Central Air with Gas Furnace and Air Conditioning. Large Bedroom with 8-9' ceilings, ceiling fan and Large Mounted TV. Solid Hardwood Flooring. New* Paint. Also includes approx 600 SQFT of Partially Finished Basement which includes Utility Room, Washer & Dryer, and Office / Walk In Closet Shelving Space. Could be finished into another bedroom (or 2!) with proper egress! Freshly Renovated Unit B features 3-4 Bedrooms, 1 Bathroom. Refinished Hardwood Floors. New* Paint. Kitchen has Solid Wood Cabinetry, Stainless Steel Fridge, Gas Oven/Stove, Renovated Bathroom with Tiled Marble Look Shower with Niche. NEW* Engineered Marble Stone Vanity, Toilet, and Satin Nickel Shower Hardware. NEW* Washer & Dryer, Mirrored Medicine Cabinet. Heated with Newer ( 2025) Boiler. House Hack! Live in one and rent the other! Beautiful charming neighborhood minutes to Blue Monkey Tavern, Town Hall, and other cultural amenities and attractions. Minutes to Cherry Hill. Listing Agent has Financial Interest. Unit A will be available only intermittently for tours, photos and video will be provided. Property can be provided Partially or Fully Occupied as you wish. Make a $ offer for all the furniture. DO NOT approach or enter garage. Thank you! Tour and make your offer today!
Merchantville is located in New Jersey. 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.
