Description
**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 Fri 10/25 @ 3p.** 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 truly 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 possibilities for appreciation. The possibilities afforded by this property are endless, truly making it an excellent addition to any portfolio!
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Description
**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 Fri 10/25 @ 3p.** 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 truly 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 possibilities for appreciation. The possibilities afforded by this property are endless, truly making it an excellent addition to any portfolio!
©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Daunno Realty Services, LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-07T23:50:31.843.