NJ > Merchantville > Cattell Tract
Merchantville, NJ 08109,Address not disclosed
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Merchantville, NJ 08109,Address not disclosed
Merchantville, NJ 08109,Address not disclosed
Merchantville, NJ 08109,Address not disclosed
Merchantville, NJ 08109,Address not disclosed
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Natalie Schanne

Natalie Schanne

+1(609) 325-1705
Listed by Natalie Schanne • Weichert Realtors - Princeton
$ 399,999
Est. payment /mo
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Open Sun 3PM-5PM

Address not disclosed Merchantville, NJ 08109

5 Beds

3 Baths

2,000 SqFt

OPEN HOUSE

Sun Jul 20, 3:00pm - 5:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $199

Subdivision Cattell Tract

MLS Listing ID NJCD2097800

Style Colonial,Traditional

Bedrooms 5

Full Baths 2

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 2,000

Year Built 1900

Annual Tax Amount $10,860

Tax Year 2024

Lot Size 0.344 Acres

Acres 0.34

Lot Dimensions 60X250

Property Sub-Type Detached

Source BRIGHT

Property Description

OPEN SUN 3-5PM! Welcome Home! Great Opportunity to Convert to Single Family (neighbor sold for $621k) or be a House Hacker (live in one and rent the other!)! Convertible to 5+ Bedroom, 2.5+ Bathroom House. Currently a 2 Unit Duplex in Merchantville with detached garage and NEWLY RENOVATED features. First Floor Unit features 1 spacious bedroom with 9 ft ceilings, 1.5 bathroom, large living room & dining rooms, large kitchen with solid wood cabinets and NEW Stainless Steel Appliances on the main level. Direct access to partially finished basement, approximately 600 sqft, that has walkout stairs / BILCO type door. Flooring is solid hardwood, tile and vinyl plank. Central Air Conditioning with Forced Air Gas Furnace. 2 Gas Hot Water Heaters. Second Floor Unit features large kitchen, NEW Stainless Steel Appliances, 3-4 bedrooms, and one bedroom, across the second and third floors. The unit benefits from the downstairs unit's gas heating and has its own boiler hot water heating. The Second Floor Unit has NEWLY refinished hardwood floors and NEW Neutral Paint throughout. Second Floor has a stacked washer and dryer. Additionally, there is a 2 car detached garage and parking lot which can be rented for $650-800/month as additional storage to one of the tenants or another party. As a House Hacker, live in one and rent out the other! Or rent both, for maximum cash flow! Property income is projected in 2026 at $48,400+/year with both sides rented and an estimated 12.1% cap rate, return in investment (ROI). Two Electric Meters. 2 Separate Gas Hot Water Heaters. All financing types will be considered. Measurements and numbers are estimated, buyer to verify. Real estate agent has financial interest in property. Property to be provided with Township C/O. Garage in as-is condition with electric panel. DO NOT APPROACH OR TOUR GARAGE. Thank you. NEW Boiler 2025. NEW Roof 2023.* Newer Rear Deck.

Location

State NJ

County Camden

Area Merchantville Boro (20424)

Zoning RES

Rooms

Basement Full, Partially Finished, Walkout Stairs, Daylight, Partial

Main Level Bedrooms 1

Interior

Interior Features Ceiling Fan(s), Window Treatments

Hot Water Natural Gas

Heating Forced Air, Hot Water, Radiator

Cooling Ceiling Fan(s), Central A/C

Flooring Wood, Vinyl, Luxury Vinyl Tile, Hardwood, Concrete, Carpet, Ceramic Tile

Inclusions All appliances - 1 washer, 1 dryer, 1 washer/dryer stack, 2 ovens, 2 refrigerators, central air unit, 2 hot water heaters, 1 boiler, ceiling fans, curtain rods, window treatments, in as is condition

Fireplace N

Heat Source Natural Gas

Exterior

Parking Features Garage - Front Entry, Additional Storage Area, Covered Parking

Garage Spaces 16.0

Utilities Available Natural Gas Available, Sewer Available, Water Available

Water Access N

Roof Type Pitched,Shingle

Accessibility 36\"+ wide Halls

Total Parking Spaces 16

Garage Y

Building

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Colonial, Traditional

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Merchantville E.S.

Middle Schools Howard M. Phifer M.S.

High Schools Haddon Heights H.S.

School District Merchantville Public Schools

Others

Senior Community No

Tax ID 24-00054-00006

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, FHA, FHA 203(b), FHA 203(k), Lease Purchase

Listing Terms Conventional, FHA, FHA 203(b), FHA 203(k), Lease Purchase

Financing Conventional,FHA,FHA 203(b),FHA 203(k),Lease Purchase

Special Listing Condition Standard

Bright MLS (BMLS)
agent

Natalie Schanne

Agent | License ID: 1637304

+1(609) 325-1705

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