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House
·
for sale
USD 399,999
222 Cypress Avenue
Merchantville
· 5 Bedrooms · House
· Equipped kitchen · Air conditioning · Heating · Cellar
Merchantville · 5 Bedrooms · House · Equipped kitchen · Air conditioning · Heating · Cellar
Excellent investment opportunity! This fully occupied four-unit multifamily property offers strong existing rental income and immediate income-producing potential from day one. Each unit features its own private kitchen and bathroom, with separate electric service for each apartment. The property has four individual electric meters for the units, plus a separate house electric meter, helping keep tenant utility usage clearly separated. Unit 1 features 2 bedrooms, 1 full bath, its own kitchen, central air and heat, and private access directly from the front porch. Units 2, 3, and 4 each offer 1 bedroom, 1 full bath, their own kitchen, electric baseboard heat, and access through the side entrance along the driveway side of the property. A shared washer and dryer are located in the basement for tenant use. The landlord currently pays water, approximately $160 per quarter, and sewer, approximately $279 per quarter. Electric service is separately metered for each unit. With all four units c
Excellent investment opportunity! This fully occupied four-unit multifamily property offers strong existing rental income and immediate income-producing potential from day one. Each unit features its own private kitchen and bathroom, with separate electric service for each apartment. The property has four individual electric meters for the units, plus a separate house electric meter, helping keep tenant utility usage clearly separated. Unit 1 features 2 bedrooms, 1 full bath, its own kitchen, central air and heat, and private access directly from the front porch. Units 2, 3, and 4 each offer 1 bedroom, 1 full bath, their own kitchen, electric baseboard heat, and access through the side entrance along the driveway side of the property. A shared washer and dryer are located in the basement for tenant use. The landlord currently pays water, approximately $160 per quarter, and sewer, approximately $279 per quarter. Electric service is separately metered for each unit. With all four units c
USD 399,999