739 Cinnaminson Avenue, Palmyra, NJ 08065

Property Description

Looking to bring your investment dreams to life, or add to your portfolio? Located in the heart of downtown Palmyra, this income generating multi-family property features 2 units each with 2 bedrooms and 1 bathroom. The downstairs unit has access to additional space and storage in the full basement, while the upstairs unit has access to additional space in the attic. The downstairs unit features a spacious kitchen with a laundry room and access to the backyard and side driveway. The upper level can be accessed through the front porch area with tons of natural light, a perfect area for relaxing and taking in the scenery. Each unit has its own driveway, separate meters and water heaters. There is an additional separate meter for the heat. Upstairs unit currently rented at $1,300 a month (on month to month rental). Downstairs unit was rented for $1,400 a month. Both rental amounts can easily be increased with a little modernization. Close to the Riverline, Restaurants, Bars, Shopping and Transportation, this duplex is the perfect missing piece to your portfolio.