• 420 CINNAMINSON AVE, CINNAMINSON, New Jersey, 08065

  • $380,000
The best opportunity in a long time has arrived! This residential investment gem was designed with 4 spacious single floor 2-bedroom, 1 bath rental apts. Pull into the new asphalt driveway with off-street newly stoned parking area, detached 4-car individual locking garages and new security lights at front and rear private entrances. Apts are kept dry with a newer maintenance free rubber roof recently silver coated along with the garage roof. The owner worked hard to convert the property to almost maintenance free with vinyl siding, efficient vinyl windows, new mailboxes, replacing lawns and bushes with stone beds, trimmed back trees, replaced curb sewer trap, resident paid utilities and all doors are easily rekeyed with Kwikset Smart Key Locks. Long term residents enjoy their large living/dining room, W/W carpet, galley style kitchen, gas cooking, fridge, ceiling fans in both bedrooms, new paint throughout, walk-in closet, programmable thermostats and exterior patio. Owner has sweetened the deal with Apts. #1 and #2 having been completely renovated in January 2017 with new bathrooms, shower surrounds, paint, carpet, kitchen cabinets, garbage disposal, SS microwave, SS dishwasher, ceiling fans, flooring and fixtures. Even more landlord savings are apparent with each apt having newer hot water heaters and newer efficient gas heat boilers, resident paid. Increase your revenue with shared coin operated commercial size large capacity washer and dryer. All security deposits are 1-1/2 months. Property has all current NJ State inspections and sold as-is. Walk up only 1-block to the center of the town of Palmyra, NJ where you will find convenience stores, restaurants, bars, caf~'s, shops, banks, town hall, new community center, post office, police station, fire department and redeveloped Legion Field with new football, soccer, baseball fields, basketball and tennis courts and concession stands. Multiple schools, Riverline Light Rail train and buses are just blocks away. Location is key as we are located just 1-mile from the Tacony-Palmyra Bridge with the Palmyra Cove Nature Center and hiking trails, or jog and bike along the Delaware River. With rising property prices and rising rents, don't let this investment opportunity get away! Excludes: Tenant Belongings, Garage Contents, (2) Front Plastic Trees, Rain Barrel, Landlords lawnmower, laundry storage cabinet
$380,000
(856) 235 - 1950
420 CINNAMINSON AVE
CINNAMINSON
New Jersey
08065
BURLINGTON
Multi-Family
Sidewalks,StreetLights
CableTVAvail,Replacement Windows
2.0
Y
50X150
4
57Years
$9,541
PostedAugust 18, 2017