300 Monroe Avenue AVENUE Cherry Hill, NJ 08002
2 bed / 0 bath / 2,612 Sq. Ft. / Duplex, Multi-Family
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It's time to QUIT RENTING and become the Landlord! Located in the desirable Cherry Hill neighborhood, minutes from the Mall on a quiet street, you can live in one 1/2 of this duplex home and rent out the other half and use the income to offset your mortgage payment. Unit A is a first floor unit and has 4 bedrooms, a living room, an eat-in kitchen, laundry area, (2) full baths and access to the full basement for storage. Unit B is an upstairs apartment and features a living room, kitchen, (2) bedrooms, (1) full bath unit with walk-up attic storage access. Unit A, which has a washer and dryer hookup can potentially be rented for $1,800.00 per month and Unit B (washer & dryer, stove, refrigerator ) last rented for $1,300.00. Tenants pay electric, gas and heat. Just imagine using either rental income to offset your overall mortgage payment. 2 car parking on the side of the home with ample of street parking in the front. Both units have separate electric, heat and water heaters. The roof is approx. 7 years old and the water heaters are less than 5 years old. Large, fenced backyard. That's right - home ownership is within your grasp and the FHA down payment requirement is only 3.5% of the purchase price! Best of all, the owner acknowledges that upgrades are needed to the kitchen and flooring and is open to negotiating a credit to the Buyer so that they can buy the cabinets, countertops and flooring of their choice!
property details
Type
Duplex, Multi-Family
Status
Active
County
CAMDEN
Year Built
1928
Beds
2
Sq. Ft.
2,612
Listing Id
NJCD2074420
Courtesy Of
Dale Riggs - BHHS Fox & Roach-Mullica Hill North +1 609-743-8205
List Office Phone
+1 (856) 478-9600
Interior Features
Appliances
Electric Water Heater
Living Area Units
Sq. Ft.
Exterior Features
Parking
Gravel
Off Street
Off Street
Utility & Building Info
Sewer
Public Sewer
Parcel Number
09-00189 01-00001
Cooling
Window Unit(s)
Water Source
Public
Heating
Electric Heating
Oil
Baseboard
Hot Water
Oil
Baseboard
Hot Water
Tax Amount
7912
Building Area Total
2,612 Sq. Ft.
Price Per Sq Ft
$149
Architectural Style
Colonial
Price History
| date | event | price | source |
|---|---|---|---|
|
08/18/2024
08/18/2024
|
Active |
$389,900
|
Bright MLS (MDBMLS-R) |
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Market Trends
Source: Constellation1
Mortgage Calculator
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