515 Cinnaminson Avenue, Palmyra, NJ 08065

$429,000
2,240
SqFt

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Sold Price
$429,000
List Price
$429,000
Closing Date
Jul 11, 2024
Days on Market
11
Status
CLOSED
MLS#
NJBL2066444
Living Area
2,240
Lot Size (Acres)
0.17
Style
Other
Year Built
1900
County
Burlington
School District
Palmyra Borough Public Schools

Property Description

This is a great opportunity to own a well-maintained duplex in Palmyra, NJ. Centrally located near public transit and within walking distance to shops and more, this duplex will make a great investment or owner-occupant situation. This property features 2 separate units, the first floor being a one-bedroom, one-bath unit that is currently rented at $1,400 until 5/31/25. The second-floor unit is a 3 bedroom, 1 bath unit that is currently vacant if a buyer wants to occupy the duplex. This has been left vacant on purpose. Estimated rent for the 3-bedroom unit is $2,200(+) per month. Each unit has its own washer, dryer, central heat, and AC. There is a common entry point for both units through the front door. The lower unit has a private entrance from the back. Off-street parking is a plus here, along with a 2-car detached garage that could also be rented for additional income or used by the owner for storage. Outdoor space features a backyard & a Trex deck with a retractable awning. Both units were just freshly painted. The lower unit just had a new kitchen installed and new carpets in the bedroom. For more information, please contact the listing agent.

Additional Information

Area
Palmyra Boro (20327)
Taxes
$7,760
Garage Spaces
6
Heating
90% Forced Air
Cooling
Central A/C
Roof
Architectural Shingle
Water
Public
Sewer
Private Sewer

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Listing courtesy of Compass New Jersey, LLC - Haddon Township. Contact:

Selling Office: .