505 Leconey Avenue, Palmyra, NJ 08065

$455,000
2,214
SqFt

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Sold Price
$455,000
List Price
$449,900
Closing Date
Apr 09, 2024
Days on Market
10
Status
CLOSED
MLS#
NJBL2061024
Living Area
2,214
Lot Size (Acres)
0.17
Style
Other
Year Built
1920
County
Burlington
School District
Palmyra Borough Public Schools

Property Description

Excellent opportunity for the investment minded Buyer. Duplex for sale with 2 completely remodeled units in an excellent location in Palmyra, short walk to shops, stores and the train. Charming exterior with freshly painted siding and covered front porch leads to the main foyer. From here you can access both units. Unit #1 is on the main floor, hosts 2 bedrooms, 2 bathrooms and a laundry room. Note the primary suite with fantastic bathroom including freestanding soaking tub and separate oversized shower with glass enclosure. From the primary suite you can access the laundry room and back deck that overlooks the gracious back yard. Moving on to Unit #2, located on the 2nd and 3rd floors and accessed from the staircase in the main foyer. This portion was just completed with new resilient flooring, interior doors and trim, fresh paint, remodeled kitchen and bathrooms and more. On the 2nd floor you will find living room, kitchen, 2 bedrooms and a full bathroom. The 3rd floor has charming 3rd bedroom with walk in closet/dressing area and another full bathroom. Must give ample notice to see the tenant occupied Unit #1. (**Lease in place for Unit #1 through Oct 2025**) The property has ample driveway parking for 2+ cars, a basement with plenty of storage, nice back yard play space and small storage shed. Live in one unit and or rent both units for double the cash flow. Properties to rent remain in demand and in low supply, especially properties that look like this!

Additional Information

Area
Palmyra Boro (20327)
Taxes
$6,936
Heating
Central, Other
Cooling
Central A/C, Ductless/Mini-Split
Water
Public
Sewer
Public Sewer

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Listing courtesy of Weichert Realtors - Moorestown. Contact:

Selling Office: .