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Wenonah, NJ

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MLS# 6559515
PROPERTY DESCRIPTION: 
INVESTOR ALERT! Rare Opportunity. This would make a perfect 1031 EXCHANGE. STATELY VICTORIAN FOURPLEX LOADED WITH CHARM and UPGRADES. Not on a busy street. Currently fully rented. This is NOT your usual multifamily loaded with panelled walls and ugly kitchens and baths. All have been REDONE and SHOW EXTREMELY well. Rents have been kept moderate because tenants are excellent. Special chance to live in Wenonah with rentals to support your lifestyle. Live in one and rent the rest. Beautifully restored in the heart of the boro. Located on a beautiful corner lot with detached two car garages...also both rented($200). Plenty of street parking, too. SEPARATE GAS HEAT AND GAS APPLIANCES and electric service in all the units. This means: Five hot water heaters; four gas furnaces, five electrical services. Coin operated ON- SITE laundry provides additional income as well. Large shared BASEMENT IS DRY and offers plenty of storage for tenants' belongings. Each unit pays its own utilities which are low since building was fully insulated with new siding and windows. Owner pays cold water and sewer bills. Gas company has just finished installation of exterior meters adding to the convenience of reading meters. The work has been done...just sit back and collect the rents. Tenants may join the Wenonah Lake and the Wenonah swim club. Walk to town and to the elementary school...four doors away. Quiet and peaceful porches welcome you. All units have their OWN PRIVATE ENTRANCES. Each has its own porch. Access to the basement is through one apartment. (No exterior entrance). Home is on an oversized lot with a two car garage, also income producing. Home was stylishly remodeled so it appears as one building.
FEATURES:
Age: Over 50 Years Old
Amenities: Basement, Ceiling Fan, Cable Ready
Architecture Style: Other
Cooling System: Wall Unit(s) A/C
Exterior Type: Vinyl Siding
Floor Covering: Carpet - Full, Vinyl, Wood
Heating Fuel: Natural Gas
Heating System: Radiator, Steam
Lot Size: 0.26 Acres
Parking Type: Garage
Roof Type: Composition Shingle
Rooms: Basement

Wenonah, NJ Real Estate & Homes for Sale - 1 Listing Found

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