Cinnaminson, NJ 08065,420 CINNAMINSON AVE
Cinnaminson, NJ 08065,420 CINNAMINSON AVE
Cinnaminson, NJ 08065,420 CINNAMINSON AVE
Cinnaminson, NJ 08065,420 CINNAMINSON AVE
Cinnaminson, NJ 08065,420 CINNAMINSON AVE
Cinnaminson, NJ 08065,420 CINNAMINSON AVE
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$360,000

$380,000

5.3%
Est.Price: ?

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Est. payment /mo

3,232 SqFt


SOLD DATE : 12/15/2017

Key Details

Sold Price $360,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,232 sqft

Price per Sqft $111

Subdivision None Available

MLS Listing ID 1001753555

Sold Date 12/15/17

Style Other

HOA Y/N N

Abv Grd Liv Area 3,232

Originating Board TREND

Year Built 1960

Annual Tax Amount $9,541

Tax Year 2016

Lot Size 7,500 Sqft

Acres 0.17

Lot Dimensions 50X150

Property Description

The best opportunity in a long time has arrived! This residential investment gem was designed with 4 spacious single floor 2-bedroom, 1 bath rental apts. Pull into the new asphalt driveway with off-street newly stoned parking area, detached 4-car individual locking garages and new security lights at front and rear private entrances. Apts are kept dry with a newer maintenance free rubber roof recently silver coated along with the garage roof. The owner worked hard to convert the property to almost maintenance free with vinyl siding, efficient vinyl windows, new mailboxes, replacing lawns and bushes with stone beds, trimmed back trees, replaced curb sewer trap, resident paid utilities and all doors are easily rekeyed with Kwikset Smart Key Locks. Long term residents enjoy their large living/dining room, W/W carpet, galley style kitchen, gas cooking, fridge, ceiling fans in both bedrooms, new paint throughout, walk-in closet, programmable thermostats and exterior patio. Owner has sweetened the deal with Apts. #1 and #2 having been completely renovated in January 2017 with new bathrooms, shower surrounds, paint, carpet, kitchen cabinets, garbage disposal, SS microwave, SS dishwasher, ceiling fans, flooring and fixtures. Even more landlord savings are apparent with each apt having newer hot water heaters and newer efficient gas heat boilers, resident paid. Increase your revenue with shared coin operated commercial size large capacity washer and dryer. All security deposits are 1-1/2 months. Property has all current NJ State inspections and sold as-is. Walk up only 1-block to the center of the town of Palmyra, NJ where you will find convenience stores, restaurants, bars, caf 's, shops, banks, town hall, new community center, post office, police station, fire department and redeveloped Legion Field with new football, soccer, baseball fields, basketball and tennis courts and concession stands. Multiple schools, Riverline Light Rail train and buses are just blocks away. Location is key as we are located just 1-mile from the Tacony-Palmyra Bridge with the Palmyra Cove Nature Center and hiking trails, or jog and bike along the Delaware River. With rising property prices and rising rents, don't let this investment opportunity get away! Excludes: Tenant Belongings, Garage Contents, (2) Front Plastic Trees, Rain Barrel, Landlords lawnmower, laundry storage cabinet

Location

State NJ

County Burlington

Area Palmyra Boro (20327)

Zoning MULTI

Rooms

Other Rooms Primary Bedroom

Basement Partial, Unfinished

Interior

Hot Water Natural Gas

Heating Gas, Hot Water

Cooling Wall Unit

Flooring Fully Carpeted, Tile/Brick

Fireplace N

Window Features Replacement

Heat Source Natural Gas

Laundry Common

Exterior

Garage Spaces 8.0

Utilities Available Cable TV Available

Waterfront N

Water Access N

Roof Type Flat

Accessibility None

Total Parking Spaces 8

Garage Y

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

High Schools Palmyra

School District Palmyra Borough Public Schools

Others

Tax ID 27-00087-00014

Ownership Fee Simple

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

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Bright MLS (BMLS)
Listed by Michael E Gidzinski • Weichert Realtors - Moorestown
Bought with Matthew R Colucci • HomeSmart First Advantage Realty

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