Cherry Hill East three unit single house investment opportunity. Great location, 5 minutes walk to PATCO station, gas station, restaurants, food market, bank.The 1st floor is a hair salon about 800sqft 10 year lease to 08/31/2024, current rent income $1350/Month, increase $50 every year.The 1st floor three bedroom one bath room about 1436sqft current rent is $1400/Month. The 2nd floor one bedroom apartment about 500sqft current rent is $700/Month. Month by month lease they live the current address years.Three Gas meter, three new furnaces, three gas heater. Tenants pay their gas bill separately. One electric meter is for hair salon. One electric meter is for the 1st floor and 2nd floor apartment. If bill is over 150/Month, 1st floor tenant pay the difference. One water meter is for the if bill is over $100/Month, hair salon tenant pay the difference.
Off market
$509,700
21 Burnt Mill Rd, Cherry Hill, NJ 08003
4beds
0baths
2,773sqft
SingleFamily
Built in 1958
0.33 Acres Lot
$509,700 Zestimate®
$184/sqft
$3,536 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 0
Heating
- Forced air, Gas
Cooling
- Wall
Appliances
- Included: Dishwasher
Features
- CeilngFan(s), Store/Office
- Flooring: Tile, Carpet, Linoleum / Vinyl
Interior area
- Total interior livable area: 2,773 sqft
Property
Parking
- Total spaces: 3
- Parking features: Off-street
Features
- Exterior features: Wood
Lot
- Size: 0.33 Acres
Details
- Parcel number: 09005620100003
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
Materials
- Roof: Shake / Shingle
Condition
- Year built: 1958
Community & neighborhood
Location
- Region: Cherry Hill
Other
Other facts
- Construction Materials: Aluminum Siding
- Heating YN: Y
- Ownership Interest: Fee Simple
- Property Type: Multi-Family
- One Bedroom Units Count: 1
- Single Room Units Count: 1
- Three Bedroom Units Count: 1
- Structure Type: Detached
- Interior Features: CeilngFan(s), Store/Office
- Tax Lot: 00003
- Architectural Style: Other
- Standard Status: Active
- Pool: No Pool
- Type of Parking: Off Street, Parking Lot
- Tax Annual Amount: 11326.0
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$509,700
2% more+$10,194
With Zillow Showcase(estimated)$519,894