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Merchantville,NJ 08109
OPEN HOUSE
Sun Jul 20, 3:00pm - 5:00pm
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $199
Subdivision Cattell Tract
MLS Listing ID NJCD2097800
Style Colonial,Traditional
Bedrooms 5
Full Baths 2
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 2,000
Year Built 1900
Annual Tax Amount $10,860
Tax Year 2024
Lot Size 0.344 Acres
Acres 0.34
Lot Dimensions 60X250
Property Sub-Type Detached
Source BRIGHT
Property Description
OPEN SUN 3-5PM! 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 features. 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.
Location
State NJ
County Camden
Area Merchantville Boro (20424)
Zoning RES
Rooms
Basement Full,Partially Finished,Walkout Stairs,Daylight, Partial
Main Level Bedrooms 1
Interior
Interior Features Ceiling Fan(s),Window Treatments
Hot Water Natural Gas
Heating Forced Air,Hot Water,Radiator
Cooling Ceiling Fan(s),Central A/C
Flooring Wood,Vinyl,Luxury Vinyl Tile,Hardwood,Concrete,Carpet,Ceramic Tile
Inclusions All appliances - 1 washer, 1 dryer, 1 washer/dryer stack, 2 ovens, 2 refrigerators, central air unit, 2 hot water heaters, 1 boiler, ceiling fans, curtain rods, window treatments, in as is condition
Fireplace N
Heat Source Natural Gas
Exterior
Parking Features Garage - Front Entry,Additional Storage Area,Covered Parking
Garage Spaces 16.0
Utilities Available Natural Gas Available,Sewer Available,Water Available
Water Access N
Roof Type Pitched,Shingle
Accessibility 36\"+ wide Halls
Total Parking Spaces 16
Garage Y
Building
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial,Traditional
Level or Stories 3
Additional Building Above Grade,Below Grade
New Construction N
Schools
Elementary Schools Merchantville E.S.
Middle Schools Howard M. Phifer M.S.
High Schools Haddon Heights H.S.
School District Merchantville Public Schools
Others
Senior Community No
Tax ID 24-00054-00006
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional,FHA,FHA 203(b),FHA 203(k),Lease Purchase
Listing Terms Conventional,FHA,FHA 203(b),FHA 203(k),Lease Purchase
Financing Conventional,FHA,FHA 203(b),FHA 203(k),Lease Purchase
Special Listing Condition Standard