BEDS0
BATHS
MLS#NJCD2125298
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLPENNSAUKEN TOWNSHIP PUBLIC SCHOOLS
Property Description
One property, four separate income-producing units, and a mix of residential and commercial use that gives an investor multiple ways to generate revenue from a single address. 3400 Cove Rd features three residential units along with a street-level commercial space currently operating as a barber shop. The residential mix includes a 3-bedroom unit and two 2-bedroom units, with finished attic areas adding additional usable room to two of the apartments. The commercial space includes its own half bath and an established tenant. With all four units currently occupied, the income is already in place. Three residential rentals combined with a commercial tenant also create a diversified rent roll rather than relying on a single source of income. Conveniently positioned near major roadways, shopping, public transportation and the surrounding Merchantville and Pennsauken area, the location keeps tenants connected to everyday necessities and employment centers throughout South Jersey and Philadelphia. For the investor looking to add multiple doors without purchasing multiple properties, this is where the opportunity gets interesting. Four occupied units, multiple income streams and a property already producing from day one. Take a closer look at what 3400 Cove Rd could add to your portfolio.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: None
Fuel Type: Natural Gas
Heating: Radiant, Radiator
Home Style: Contemporary
Lot Size: 0.07 Acres
Taxes: $9,928
Year Built: 2020
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Built-In Range, Dryer - Electric, Dryer - Front Loading, Freezer, Dishwasher, Refrigerator, Stove, Oven/Range - Electric, Washer, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
Days on Site: 7
Exterior: Brick
Interior: Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space, Bathroom - Tub Shower
Lot Dimensions: 0.07 Acre(S)
Municipality: MERCHANTVILLE BORO
Sewer: Public Sewer
Structure Type: Over Storefront
Three Bedroom Units: 1
Total Garage/Parking Spaces: 0
Two Bedroom Units: 2
Units: 4
Water: Public
Local Schools
School District: PENNSAUKEN TOWNSHIP PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Real Broker, LLC
Agency Phone: 8554500442
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,211.81 per month $1,224.06 Principal & Interest $827.33 Property Tax $160.42 Homeowner's InsuranceChange Payment Information
3400 Cove | MLS# NJCD2125298
This multi-family property located at 3400 Cove , Merchantville, NJ 08109 is currently listed for sale with an asking price of $550,000. Cove is located within the PENNSAUKEN TOWNSHIP PUBLIC SCHOOLS school district. Search Merchantville real estate on www.realtymark.net today.