Rarely does a fully renovated, income-producing quadplex hit the market in the heart of Audubon, and 266
White Horse Pike is exactly that kind of opportunity for the discerning investor. A dramatic Victorian corner
tower anchors the front of this stunning estate, updated from top to bottom and set on an impressive .41
acre lot, fenced for privacy with lush green grass, a stone fire pit, and ample parking in both the front and
back of the property. The property is currently generating $1,800 per month per unit across all four
residences, with three of the four leases on a flexible month to month structure that gives an incoming owner
immediate room to reposition rents or restructure terms. A front office space offers a rare fifth income
opportunity, already equipped with a powder room that could easily be expanded into a full bath, plumbing
and space in place for a kitchen, and an existing beverage fridge, making the conversion to an efficiency
apartment or the continued use as office space equally simple. The office connects directly to the basement,
giving easy access to ample storage and all new mechanicals, a practical convenience for whoever manages
the property. Units A and B occupy the back of the property with private single level entries and have been
finished to a high end standard, featuring skylights, walk-in closets, kitchen islands, and their own in-unit
laundry and independent thermostats. Units C and D are accessed from the front left of the building. Unit C,
the more compact of the two upper units, was just leased at $1,800 per month and has been fully updated
throughout. Unit D is the standout of the property, a spacious one bedroom, one and a half bath two level
layout with the primary bedroom set inside the home's original Victorian tower, complemented by an
additional living space, a walk-in closet, and a full bathroom.This is a property that simply has to be
experienced to be truly appreciated. Schedule your exclusive tour today.
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Listing Snapshot
Price
$949,900
Days On Site
2 Days
Bedrooms
4
Inside Area (SqFt)
3,266 sqft
Total Baths
5
Full Baths
4
Partial Baths
1
Lot Size
0.41 Acres
Year Built
1900
MLS® Number
NJCD2126900
Status
Active
Property Tax
$13,545
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
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