$ 565,000
-
$565,000
Price -
5
Bed -
0
Bath -
1,656
SqFt
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About the Listing EXPREALP - 3181527
$44,520 Gross Annual Income – Fully Leased- Turnkey Duplex! Prime Investment Opportunity in Moorestown! Welcome to this outstanding multi-unit property, perfectly positioned in highly sought after Moorestown. This well-maintained building offers two fully leased units, generating an incredible monthly income of $3,710. Currently occupied: 2 bedroom unit at $1,650/mo through 12/31/26; and 3 bedroom unit at $2,060/mo through 5/31/26 . This garden style single property offers a blend of modern amenities and classic charm, ensuring high tenant appeal and retention. Each unit is designed for comfort and convenience, featuring recently renovated kitchens with dishwasher and refrigerator included, as well as in-unit laundry facilities. Strategically located near public transportation, township public schools, shops and restaurants, this property ensures easy access for tenants. The off-street and driveway parking options further increase tenant satisfaction. Investors can expect strong returns in a competitive rental market, driven by the property's prime location and modern upgrades. Seize the opportunity to add this gem to your portfolio and watch your investment flourish! Property contains solar panels and buyer to assume solar panel contract. Cost is approximately $30/month.
Listing Highlights
Status
Active
Days on Site
30
Property Type
Multi-Family
MLS ®
NJBL2101246
Year Built
1908
Total Square Footage
1,656
Lot/Acreage
0.2
Interior Details
- Bedrooms: 5
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Heat Pump - Gas BackUp
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1656
- Below Ground Sq Ft: n/a
- Basement: Connecting Stairway
- Other:
- Water: Public
Exterior Details
- Lot Description: Backs to Trees,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 50 ft X 177 ft
- Zoning: DUPLEX
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Asphalt Driveway,Driveway,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $6,463
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Questions About..
21 N Lenola Rd Moorestown, NJ 08057
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