*****Multiple offers, please Make your Highest & Best by Saturday October 5th at 8pm*****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.
This property presents a unique opportunity for investors and people looking while living on a very comfortable home and running their home base business or to become a landlord, seeking a blend of commercial and residential income. This property features a 5-bed, 2.5-bath residence and a separate commercial storefront office, offering a versatile and profitable investment with 2 oversize car garage with 2 off street parking spaces. Recently refinished hardwood floors around the whole house, fresh paint, new lighting, new bathroom fixtures and a ton of storage space not only upstairs (attic) but downstairs too (basement). A lot of potencial this home offers. Situated in a high-visibility area with ample parking, the commercial storefront offers excellent potential for a variety of business ventures. The adaptable layout allows for customization to suit various commercial needs, from retail to professional services. This property's combination of residential and commercial components presents a compelling investment opportunity.
Unlock the potential of this well-maintained set of duplexes, ideally situated in Pennsauken with easy access to Philadelphia. This versatile building offers a fantastic opportunity for investors seeking steady rental income or owner-occupants looking to maximize their property value. With four distinct units, this property provides both privacy and convenience. Perfect for generating cash flow or accommodating extended family with two 2BD/1BTH units in each property. Each unit features private laundry and individually metered utilities. Ample off-street parking with a private lot & large shared backyard. Property currently generates $5,190 in monthly rental income with potential for growth. Take advantage of this unbeatable location, within minutes of major roads & bridges, placing everything you could possibly need at your fingertips! Situated in an area with ever-growing appreciation, these two duplexes present a prime opportunity to acquire high-performing rental properties in a desirable location. Whether you're an experienced investor or a first-time buyer looking to offset living costs, this property endeavors exceptional value! Property is being sold in conjunction with the duplex located at 217 N 41st St (MLS# NJCD2074734, Tax ID #: 08-01034-00029) as a package for $650,000.
Discover the charm and versatility of this well-maintained duplex, perfectly situated in Pennsauken! Ideal for homeowners and investors alike, this property offers a unique blend of comfort, convenience & lucrative investment potential. The property currently generates $3,990 in monthly rental income. Each unit boasts a spacious 3BD/1BTH layout, designed to enhance natural light and flow. Enjoy generous living and dining areas perfect for relaxation and entertaining. Each unit has separate gas & electric as well as individual laundry, providing privacy and efficiency for both occupants. A shared backyard & expansive back porch offer great spaces for outdoor activities or simply relaxing. Oversized, fully-rented multi-car driveway! Located just minutes from local shops, parks, public transit & major roads/bridges, this duplex supports a convenient lifestyle while maintaining a peaceful residential ambiance. With strong rental demand in the area, this property is an excellent choice for generating cash flow while enjoying the benefits of property ownership!
Unlock the potential of this well-maintained set of duplexes, ideally situated in Pennsauken with easy access to Philadelphia. This versatile building offers a fantastic opportunity for investors seeking steady rental income or owner-occupants looking to maximize their property value. With four distinct units, this property provides both privacy and convenience. Perfect for generating cash flow or accommodating extended family with two 2BD/1BTH units in each property. Each unit features private laundry and individually metered utilities. Ample off-street parking with a private lot & large shared backyard. Property currently generates $5,190 in monthly rental income with potential for growth. Take advantage of this unbeatable location, within minutes of major roads & bridges, placing everything you could possibly need at your fingertips! Situated in an area with ever-growing appreciation, these two duplexes present a prime opportunity to acquire high-performing rental properties in a desirable location. Whether you're an experienced investor or a first-time buyer looking to offset living costs, this property endeavors exceptional value! Property is being sold in conjunction with the duplex located at 215 N 41st St (MLS# NJCD2074716, Tax ID #: 08-01034-00067) as a package for $650,000.
**Please schedule online - appointment must be confirmed by 6p the day before. Group showings ONLY. The next proposed Group Showing (not an open house), will be Sat 10/5 @ 2p.** Discover an outstanding investment opportunity with this well-maintained 8-unit property offering both value and versatility! The property features six fully-rented residential apartments (x5 2BD/1BTH and x1 1BD/1BTH) as well as two expansive garages/storage units, each with rolling garage doors. Currently generating $9,735 in monthly rental income with potential for increased revenue. Each apartment unit offers central AC, separate gas & water & private washer/dryer to ensure comfort and convenience for the tenants. Ample private off-street parking is also provided. Located in Pennsauken, the property offers convenient access to both South Jersey & Philadelphia, creating an attractive option for renters. Situated right on the border of Pennsauken & Cherry Hill - enjoy the benefits of Cherry Hill without paying their high taxes! You simply can't beat the ease of being less than three miles from the Betsy Ross Bridge. The area delivers an affordable lifestyle without sacrificing access to both suburban & city living. This multifamily property represents incredible investment prospects with high demand, low vacancy rates and ever-growing appreciation. The possibilities afforded by this property are endless, truly making it an excellent addition to any portfolio!
**Please schedule online - appointment must be confirmed by 7p the night before. Showings are Group Showings only. The next proposed Group Showing is scheduled for Sat (9/28) @ 3p** AWESOME HOUSE HACKING OPPORTUNITY!!! This extremely large Duplex is situated on a MASSIVE DOUBLE LOT and Features x2 very spacious three bedroom/1 bath units which are flooded with an abundance of natural light and historic charm! You can buy this wealth generating property with as little as 3.5% down, you can even sweeten the deal by taking advantage of one of the many first time home buyer grants available giving you up to 17,000 towards your down payment and closing costs. It is possible to buy this home with very little to ZERO money out of pocket!!! Live in the first floor which is currently vacant and continue to collect rent from the 2nd floor which will drastically reduce your cost of living. The First floor features a fresh custom paint job, access to the full length basement, a stackable washer/dryer in the bathroom & updated flooring throughout. Second floor unit is currently being rented for $1,250/mo thru September 2024. HUGE fully-fenced backyard! Property also offers a huge double driveway providing ample private off-street parking. You truly can't beat this location with the Betsy Ross Bridge just minutes down the street, Philadelphia is a stone's throw away as well as all major highways and bridges. Very close proximity to shopping, dining and a ton of locally owned shops. Schedule your private tour today!!!
**The next proposed Group Showing (not an open house), will be Wednesday 10/2 @ 3p.** Excellent investment opportunity!!! Property includes x10 1 Bedroom units. Features brand new water heaters, recently serviced furnaces & solar panels. Generate serious income AND save money on electricity while the solar panels power the property's common areas. Tenants also pay an additional $35/mo on water, cancelling out landlord's water/electric expenses with funds left over! Many of the units have undergone complete renovations including updated flooring, granite countertops & a stainless steel appliance package. Private resident parking lot out front. Access to shared laundry in the basement. Great opportunity for landlords as Pennsauken does not require annual registration with the city, only a DCA. This property is too good to miss, schedule a showing to check out this incredible cash-flow opportunity!
Pennsauken is located in New Jersey. Pennsauken, New Jersey has a population of 35,863. Pennsauken is less family-centric than the surrounding county with 26.31% of the households containing married families with children. The county average for households married with children is 29.33%.
The median household income in Pennsauken, New Jersey is $67,495. 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 Pennsauken is 38.9 years.
The average high temperature in July is 89.1 degrees, with an average low temperature in January of 22.9 degrees. The average rainfall is approximately 47 inches per year, with 1.9 inches of snow per year.
