Thank you
Dawn Varallo
BHHS Fox & Roach-Marlton
856-810-5300
Excellent investment opportunity in Cherry Hill, NJ just off Route 38 and conveniently located to several major bridges offering easy access to Philadelphia. 502 Chapel Avenue features three rental units with excellent upside. This mixed use property consist of two apartments and one commercial space on the first floor. Both apartments are occupied with long term tenants and the commercial space is currently vacant. The building has one 3-bedroom unit and one 1-bedroom unit. Both units are well maintained with significant upgrades throughout including tile flooring, mechanicals, paint, upgraded kitchen & baths. The downstairs commercial space offers a large open floor plan with multiple private offices, bullpen area, kitchen and bathroom. All separate utilities in place for tenants with the landlord covering water/sewer/Insurance & Taxes. This is an excellent investment opportunity with major upside.
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Water Source : Public
Cooling: Window Unit(s)
Heating: Radiator
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Year Built: 1928
Structure: Over Storefront
New Construction: No
Total Units: 3
Built: 1928
Construction Material: Brick
Foundation/Basement: Brick/Mortar
Architecture: Straight Thru
Pool/Private: No Pool
Pool: No Pool
Sewer: Public Sewer
Water Heat: Natural Gas
Lot Size: 7,501
Dimensions: 50.00 x 150.00
Lot Size (Acres): 0.17
Architectural Style: Straight Thru
Main Square Feet: 7,501
SQ ft: 0
SQ ft (Living Area): 0
Total Lot SQ ft: 7,501
Financing: Cash,Conventional
Appx. Lot Dimensions: 50.00 x 150.00
Total Acreage: 0.17
New Construction: No
Type: Straight Thru
Possession: 0-30 Days CD
Days Of Market: 69
Annual Tax: $9,475
Tax Year: 2022
Total Taxes Payment Frequency: Annually
0-30 Days CD
Taxes Assessment Amount: $231,900
Parking Type: Driveway
Has Garage: N
Acceptable Financing: Cash,Conventional
Direction: Use GPS.
School District: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS
Water Source: Public
Sewer: Public Sewer
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Direction: Use GPS.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
Park Blvd N (off Cooper.., Cherry Hill, NJ,08002 | $69,000 | -- | -- | 13,068 | 13068 Sqft |
830 Longwood Avenue , Cherry Hill, NJ,08002 | $260,000 | 3 | 1.0 | 1,224 | 22399 Sqft |
135 Greensward Lane , Cherry Hill, NJ,08002 | $339,000 | 2 | 2.5 | 1,762 | -- |
927 Park Drive , Cherry Hill, NJ,08002 | $718,800 | 4 | 2.0 | 1,866 | 37501 Sqft |
134 Plaza Grande , Cherry Hill, NJ,08002 | $439,000 | 2 | 2.5 | 1,458 | -- |
204 Chestnut Place , Cherry Hill, NJ,08002 | $175,000 | 2 | 2.0 | 1,081 | -- |
132 Citation Lane , Cherry Hill, NJ,08002 | $400,000 | 2 | 2.0 | 1,358 | -- |
1205 Farrell Avenue #27, Cherry Hill, NJ,08002 | $125,000 | 2 | 1.0 | -- | 0.04 Acre |
654 Kenilworth Avenue , Cherry Hill, NJ,08002 | $440,000 | 3 | 1.5 | 1,075 | 20051.83 Sqft |
1405 Farrell Avenue #327, Cherry Hill, NJ,08002 | $98,681 | 2 | 1.5 | -- | 1426 Sqft |
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ByOwner last updated this listing 05/19/2024 @ 02:56
MLS: NJCD2061186
LISTED BY: Dawn Varallo , BHHS Fox & Roach-Marlton
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.