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Sold for $299,000 on 12/06/23
  • $299,000

    520 Chapel Ave W, Cherry Hill, NJ 08002

    4beds
    --baths
    1,310sqft
    Duplex
    Built in 1945
    -- sqft lot
    $371,200 Zestimate®
    $228/sqft
    $2,879 Estimated rent

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    $2,879/mo

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    $2,879/mo

    Rent Zestimate®

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    $2,175/mo

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    $2,175/mo

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    What's special

    Nestled in the heart of Cherry Hill, this multi-family home offers the perfect blend of comfort and style in a vibrant community. Whether you're an astute investor seeking a profitable rental property or a homebuyer looking for an ideal living space, this charming residence has much to offer. Step inside, and a world of possibilities unfolds. The first-floor unit boasts two generously sized bedrooms, complemented by an additional room that can flexibly serve as an office or a nursery, catering to your unique needs. The freshly refurbished bathroom sparkles with modern fixtures. A spacious living area beckons. The hardwood flooring has been meticulously refinished, fresh paint coats the walls, light fixtures are brand new, and new blinds on all the windows. Downstairs is a full basement, offering an abundance of storage space for all your possessions and the convenience of an in-house washer and dryer makes daily chores a breeze. The property's allure extends beyond its four walls. Well-maintained landscaping enhances its curb appeal, while the expansive backyard offers your very own outdoor sanctuary, ideal for enjoying beautiful weather. Whether it's sipping morning coffee on the patio or watching the kids play in the yard, this space promises a delightful retreat. The second-floor unit presents a kitchen, living room, full bath, a spacious bedroom, and an extra room that can be used as an office or another bedroom. For investors, this represents a golden opportunity to secure a reliable rental income from the second unit, helping offset your mortgage and grow your real estate portfolio. The property features a relatively new roof, approximately five years old. The upstairs unit has been freshly painted, and the heating system is about five years young. Each unit is equipped with separate heating systems, water heaters, and electrical panels. Cherry Hill, renowned for its excellent schools, abundant shopping districts, and family-friendly amenities, is where you'll find this hidden gem. Commuting is a breeze with easy access to major roadways and Philadelphia, offering the conveniences of urban living within the tranquility of a suburban setting. Don't miss out on the chance to own this fantastic multi-family home in Cherry Hill. It's more than a property; it's a place where dreams are nurtured, and memories are made. Contact us today to schedule a viewing and step into your future. Your dream home awaits, and it's located less than one mile from the Cherry Hill Mall, Wegmans, Costco, Home Depot, Trader Joes, Aldi, and a plethora of other shopping options. All the retail therapy you can imagine, right at your doorstep! All the shopping you can very imagine! The second floor unit is currently rented. The first floor unit is easy to show. The 2nd floor unit requires a 24 hour notification any showings and showings must be between 10am and 6pm daily. The 2nd floor is occupied so please be respectful while in the space. 2nd floor unit is on a yearly lease until 9/2024 and currently pays $925 per month rent.

    Zillow last checked: 7 hours ago

    Listing updated: January 24, 2024 at 09:17am

    Listed by:

    Lorraine Silverman 609-313-2502,

    BHHS Fox & Roach-Marlton

    Bought with:

    Kevin Craig, 2298843

    Real Broker, LLC

    Source: Bright MLS,MLS#: NJCD2057466MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Basement
    • Area: 0
    Heating
    • Forced Air, Central, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Refrigerator, Cooktop, Washer, Water Heater, Dryer, Gas Water Heater
    Features
    • Ceiling Fan(s), Floor Plan - Traditional, Plaster Walls
    • Flooring: Ceramic Tile, Hardwood, Wood
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,310
    • Total interior livable area: 1,310 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: 2+ Access Exits
    Features
    • Exterior features: Sidewalks
    • Pool features: None
    Lot
    • Size: 7,501 sqft
    • Dimensions: 50.00 x 150.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 0900191 0100009
    • Zoning: RESIDENTAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Duplex
    Materials
    • Frame
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • Excellent
    • New construction: No
    • Year built: 1945

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Above Ground

    Community & neighborhood

    Location
    • Region: Cherry Hill
    • Subdivision: Andes Run
    • Municipality: CHERRY HILL TWP

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,FHA,Conventional
    • Ownership: Fee Simple
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $371,200
    2% more+$7,424
    With Zillow Showcase(estimated)$378,624