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515 CINNAMINSON AVE Palmyra, NJ 08065
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Key Details
Sold Price $429,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,240 sqft
Price per Sqft $191
MLS Listing ID NJBL2066444
Sold Date 07/11/24
Style Other
Abv Grd Liv Area 2,240
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $7,760
Tax Year 2023
Lot Size 7,497 Sqft
Acres 0.17
Lot Dimensions 50.00 x 150.00
Property Description
This is a great opportunity to own a well-maintained duplex in Palmyra, NJ. Centrally located near public transit and within walking distance to shops and more, this duplex will make a great investment or owner-occupant situation. This property features 2 separate units, the first floor being a one-bedroom, one-bath unit that is currently rented at $1,400 until 5/31/25. The second-floor unit is a 3 bedroom, 1 bath unit that is currently vacant if a buyer wants to occupy the duplex. This has been left vacant on purpose. Estimated rent for the 3-bedroom unit is $2,200(+) per month. Each unit has its own washer, dryer, central heat, and AC. There is a common entry point for both units through the front door. The lower unit has a private entrance from the back. Off-street parking is a plus here, along with a 2-car detached garage that could also be rented for additional income or used by the owner for storage. Outdoor space features a backyard & a Trex deck with a retractable awning. Both units were just freshly painted. The lower unit just had a new kitchen installed and new carpets in the bedroom. For more information, please contact the listing agent.
Location
State NJ
County Burlington
Area Palmyra Boro (20327)
Zoning RESIDENTIAL
Interior
Hot Water Natural Gas
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Parking Features Garage Door Opener
Garage Spaces 6.0
Water Access N
Roof Type Architectural Shingle
Accessibility None
Total Parking Spaces 6
Garage Y
Building
Lot Description Front Yard, SideYard(s)
Foundation Other
Sewer Private Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Palmyra Borough Public Schools
Others
Tax ID 27-00084-00004
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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Bought with Julie C Bellace • EXP Realty, LLC