• For Sale
  • USD 389,900 
  • Build Size: 2,612 ft2
  • Property Type: Multi-Family Home
  • Bedroom: 2
It's time to QUIT RENTING and become the Landlord! Located in the desirable Cherry Hill neighborhood, minutes from the Mall on a quiet street, you can live in one 1/2 of this duplex home and rent out the other half and use the income to offset your mortgage payment. Unit A is a first floor unit and has 4 bedrooms, a living room, an eat-in kitchen, laundry area, (2) full baths and access to the full basement for storage. Unit B is an upstairs apartment and features a living room, kitchen, (2) bedrooms, (1) full bath unit with walk-up attic storage access. Unit A, which has a washer and dryer hookup can potentially be rented for $1,800.00 per month and Unit B (washer & dryer, stove, refrigerator ) last rented for $1,300.00. Tenants pay electric, gas and heat. Just imagine using either rental income to offset your overall mortgage payment. 2 car parking on the side of the home with ample of street parking in the front. Both units have separate electric, heat and water heaters. The roof is approx. 7 years old and the water heaters are less than 5 years old. Large, fenced backyard. That's right - home ownership is within your grasp and the FHA down payment requirement is only 3.5% of the purchase price! Best of all, the owner acknowledges that upgrades are needed to the kitchen and flooring and is open to negotiating a credit to the Buyer so that they can buy the cabinets, countertops and flooring of their choice!
Dale  Riggs
Dale Riggs
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300 Monroe Avenue, Cherry Hill NJ 08002, Cherry Hill, New Jersey, United States is a 2,612ft2 Cherry Hill luxury Multi-Family Home listed for sale USD 389,900. This high end Cherry Hill Multi-Family Home is comprised of 2 bedrooms and N/A baths. Find more luxury properties in Cherry Hill or search for luxury properties for sale in Cherry Hill.