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502 Chapel Ave W

CHERRY HILL, NJ 08002
  • $350,000
  • STATUS: Active
  • ON SITE: 45 Days
  • ID#: NJCD2061394
UPDATED: 131 min ago
$350,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1928
County:

School Ratings & Info

Description

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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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or McClain-Williamson Realty, LLC.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-03-02T23:51:29.82.
www.mcclainwilliamson.com/homes/146720207
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502 Chapel Ave W CHERRY HILL, NJ 08002

  • Price: $350,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 131 min ago
  • ID#: NJCD2061394
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1928
Built
Neighborhood:
Cherry Hill Twp (20409)
County:
Camden
Area:
Cherry Hill Twp (20409)
School District:
Cherry Hill Township Public Schools
Property Description
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.
Exterior Features

Construction Materials Brick Garage YN No Parking Types Driveway Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 7501.00 Cooling Window Unit(s) Heating Radiator Heating YN Yes Net Square Feet 7501.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2022 Business Type Apartment BuildingFlexOther/General RetailStorageOtherProfessional Central Air YN No Cooling Fuel Electric Foundation Details Brick/Mortar Heating Fuel Natural Gas Hot Water Natural Gas Municipality CHERRY HILL TWP Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 802821143030 Ownership Interest Fee Simple Possession 0-30 Days CD Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 9475.00 Tax Assessment Amount 231900.00 Tax Lot 00017 Vacation Rental YN No Water Source Public Zoning RESIDENTIAL `

Listing courtesy of BHHS Fox & Roach-Marlton: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or McClain-Williamson Realty, LLC.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-03-02T23:51:29.82.
 
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McClain-Williamson Realty, LLC.
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East New Market MD, 21631