Excellent opportunity to add a fully occupied, income-producing duplex to your investment portfolio! This well-maintained Pennsauken property features two spacious apartments, each offering 3 bedrooms and 1 full bathroom. Both units were renovated in 2025 and feature updated kitchens and bathrooms, new flooring and carpeting, and bright, open living and dining areas. A brand-new roof adds even more appeal!
Additional features include a shared front porch, generous backyard, basement laundry with washer and dryer, and shared storage space.
The first-floor apartment is currently rented for $2,250 per month with a lease through June 2027, while the second-floor is currently rented for $1,950 per month with a lease through May 2027. That's a combined rental income of $4,200 per month or $50,400 annually! Tenants pay gas, electric, and water, while heat and sewer are included in the rent.
Township rental certificates are in place, and established property management offers added convenience for the next owner. Conveniently located near shopping, dining, major roadways, and Philadelphia.
Being sold strictly as-is, but in great condition! With renovations completed, tenants in place, and steady rental income, this is a fantastic opportunity to expand your investment portfolio!
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Listing Snapshot
Price
$395,000
Days On Site
15 Days
Bedrooms
6
Inside Area (SqFt)
2,086 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.09 Acres
Year Built
1940
MLS Number
NJCD2129740
Status
Active
Property Tax
$5,238
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
3 days ago
Status changed to Active
3 days ago
Listing updated with changes from the MLS
2 weeks ago
Listing first seen on site
General Features
Acres
0.09
Foundation
Permanent
Parking
On Street
Property Sub Type
Duplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
2086
SqFt Total
2086
Style
Side-by-Side
Water Source
Public
Zoning
RES
Interior Features
Appliances
Gas Water Heater
Basement
Unfinished
Furnished
Unfurnished
Heating
OilRadiant
Laundry Features
Common Area
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Exterior Features
Construction Details
Other
Pool Features
None
Community Features
MLS Area
Pennsauken Twp (20427)
School District
PENNSAUKEN TOWNSHIP PUBLIC SCHOOLS
Schools
School District
PENNSAUKEN TOWNSHIP PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Garden State Properties Group - Merchantville