MLS#NJCD2125390
STATUSACTIVE
PROPERTY TYPECommercial -
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: Commercial -
Cooling: None
Fuel Type: Natural Gas
Heating: Radiant, Radiator
Lot Size: 0.07 Acres
Taxes: $9,928
Year Built: 2020
Feature Descriptions
Days on Site: 6
Exterior: Brick
Lot Dimensions: 0.07 Acre(S)
Municipality: MERCHANTVILLE BORO
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
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
3400 Cove | MLS# NJCD2125390
This commercial 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.