NJ > Cherry Hill
Cherry Hill, NJ 08002,300 MONROE AVE
Cherry Hill, NJ 08002,300 MONROE AVE
Cherry Hill, NJ 08002,300 MONROE AVE
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$389,900
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2,612 SqFt
Pending

300 MONROE AVE Cherry Hill, NJ 08002

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Denise Petti, CREN, CBDA

Denise Petti, CREN, CBDA

+1(609) 760-4334

UPDATED:

10/15/2024 12:52 PM

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 2,612 sqft

Price per Sqft $149

MLS Listing ID NJCD2074420

Style Colonial,Converted Dwelling

Abv Grd Liv Area 2,612

Originating Board BRIGHT

Year Built 1928

Annual Tax Amount $7,912

Tax Year 2023

Lot Dimensions 55.00 x 0.00

Property Description

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!

Location

State NJ

County Camden

Area Cherry Hill Twp (20409)

Zoning RESIDENTIAL

Rooms

Basement Full

Interior

Interior Features Attic

Hot Water Electric, Natural Gas

Heating Baseboard - Electric, Hot Water

Cooling Window Unit(s)

Inclusions Appliances in both units owned by Seller

Fireplace N

Heat Source Electric, Oil

Exterior

Exterior Feature Deck(s)

Waterfront N

Water Access N

Accessibility None

Porch Deck(s)

Parking Type Driveway, Off Street

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Colonial, Converted Dwelling

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Cherry Hill Township Public Schools

Others

Tax ID 09-00189 01-00001

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA 203(k)

Listing Terms Cash, Conventional, FHA 203(k)

Financing Cash,Conventional,FHA 203(k)

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Dale A Riggs • BHHS Fox & Roach-Mullica Hill North

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Denise Petti, CREN, CBDA

+1(609) 760-4334

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