Property Description

Cherry Hill East three unit single house investment opportunity. Great location, 5 minutes walk to PATCO station, gas station, restaurants, food market, bank.nThe 1st floor is a hair salon about 800sqft 10 year lease to 08/31/2024, current rent income $1350/Month, increase $50 every year.nThe 1st floor three bedroom one bath room about 1436sqft current rent is $1400/Month. The 2nd floor one bedroom apartment about 500sqft current rent is $700/Month. Month by month lease they live the current address years.nThree Gas meter, three new furnaces, three gas heater. Tenants pay their gas bill separately. nOne electric meter is for hair salon. nOne electric meter is for the 1st floor and 2nd floor apartment. If bill is over 150/Month, 1st floor tenant pay the difference. nOne water meter is for the if bill is over $100/Month, hair salon tenant pay the difference.

Features
: Forced air
: Window Unit(s)
Y
: Frame
N
: Other
: Electric
: Natural gas
: Natural gas
N
Address Map
Use GPS
MLS Addon
Annually
Annually
CHERRY HILL TOWNSHIP PUBLIC SCHOOLS
2,773 Sqft
: Detached
2,773 Sqft
$11,528
2020
RESIDENT & COMMERCIAL
: Private Sewer
: Public
N
$0

Multi-family For Sale

21 BURNT MILL ROAD, CHERRY HILL, New Jersey 08003

2,773 Sqft
$350,000
Listing ID #NJCD2005788
Basic Details
Property Type : Multi-family
Status : ACTIVE
Listing ID : NJCD2005788
Price : $350,000
Sqft : 2,773 Sqft
Year Built : 1958
Lot Area : 0.33 Acre
Price Per SQFT : $126
Lot SQFT : 14,200 Sqft
Ownership Interest : Fee Simple
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