409 White Horse Pike, Haddon Heights, NJ 08035

$425,000
2,144
SqFt
List Price
$425,000
Days on Market
90
Status
ACTIVE UNDER CONTRACT
MLS#
NJCD2032468
Living Area
2,144
Lot Size (Acres)
0.34
Style
Colonial
Year Built
1920
County
Camden
School District
Haddon Heights Schools

Property Description

Investors Delight 6% Cash on Cash ROI - 4 units, 2 resid, 2 garages -Gross Revenue $39,600 minus expenses $14,000 = $25,600 /$425,000 = 6% - Tenants pay ALL UTILITIES This duplex resid home features 4beds 1st & 2nd floor, 1bed 3rd floor (w/long term tenant) and 2 garages to rent. Great location for commuting N/S or E/W, stones through from Rt295 exit 29 provides N/S commute, on Rt30 for E/W commute, shopping w/in 1 mile - Shoprite, HomeDepot, McDonalds, WAWA, Dunkin, CVS, Tonewood Brewing, carwash, etc.. The woodwork and country atmosphere of this home will rent itself. Rich stained woodwork and stained glass windows set off this property from others. You may want to move in yourself. It has a spacious 4 bedroom first and second floor apartment and a third floor 1 bed apartment. The amenities are truly unique and desirable with two decks, large well maintained yard, 2 car garage, off street parking, secluded yet accessible to all the conveniences a tenant needs. The property is well maintained and needs only minor touchups. This is a Great opportunity for investors looking to offset income or a newbie investor starting out who needs more space for his/her own family and they want to get started investing. Utilities are separate, water is charged to tenants and prorated between tenants. Electric is updated and the property is well maintained and solid. Owner is retiring.

Additional Information

Area
Haddon Heights Boro (20418)
Subdivision
None Available
Taxes
$10500
Stories
3
Interior Features
Built-Ins
School District
Haddon Heights Schools
High School
Haddon Heights Jr Sr
Flooring
Hardwood
Garage
Yes
Garage Spaces
2
Exterior Features
Fire Escape
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Heat Pump(s)
Roof
Asbestos Shingle
Utilities
Cable TV, Water Available, Sewer Available, Natural Gas Available, Electric Available
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of EXP Realty, LLC. Contact: (866) 201-6210