114 E Park Ave | Merchantville, NJ 08109
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- LoopNet Team
114 E Park Ave
Merchantville, NJ 08109
Townhouse & Duplex (3 units total) · Multifamily Property For Sale
·
3 Units
INVESTMENT HIGHLIGHTS
- Conveniently situated near downtown Merchantville, just outside Philadelphia and close to Exit 4 of the NJ Turnpike and Route 38.
- Features 4-5 bedrooms with potential additional bedroom in the attic; originally a duplex converted back to a single home
- Each property has its own driveway and parking area for tenants, enhancing convenience and privacy.
- Includes two attached properties: a spacious townhouse and an adjacent duplex, offering diverse rental opportunities.
- The duplex includes a newly renovated 1-bedroom unit on the first floor and a large 2-bedroom, 2-story unit on the second floor.
- Both properties feature a wrap-around front porch and backyard area, adding appeal for tenants.
PROPERTY FACTS
| No. Units | 3 | Lot Size | 0.09 AC |
| Property Type | Multifamily | Building Size | 3,500 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Townhome | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1950/2023 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 3,500 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1950/2023 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Washer/Dryer Hookup
- Ceiling Fans
- Eat-in Kitchen
- Attic
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+2 | 1 | - | - |
| 2+1 | 2 | - | - |
| 1+1 | 3 | - | - |
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