3400 COVE Merchantville, NJ 08109
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision None Available
MLS Listing ID NJCD2125298
Style Contemporary
Year Built 2020
Annual Tax Amount $9,928
Tax Year 2025
Lot Size 2,862 Sqft
Acres 0.07
Lot Dimensions 44.00 x 65.00
Property Sub-Type Quadruplex
Source BRIGHT
Property Description
The residential mix includes a 3-bedroom unit and two 2-bedroom units, with finished attic areas adding additional usable room to two of the apartments. The commercial space includes its own half bath and an established tenant.
With all four units currently occupied, the income is already in place. Three residential rentals combined with a commercial tenant also create a diversified rent roll rather than relying on a single source of income.
Conveniently positioned near major roadways, shopping, public transportation and the surrounding Merchantville and Pennsauken area, the location keeps tenants connected to everyday necessities and employment centers throughout South Jersey and Philadelphia.
For the investor looking to add multiple doors without purchasing multiple properties, this is where the opportunity gets interesting. Four occupied units, multiple income streams and a property already producing from day one. Take a closer look at what 3400 Cove Rd could add to your portfolio.
Location
State NJ
County Camden
Area Merchantville Boro (20424)
Zoning RESIDENTIAL
Rooms
Basement Full
Interior
Interior Features Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space, Bathroom - Tub Shower
Hot Water Natural Gas
Heating Radiant, Radiator
Cooling None
Equipment Built-In Range, Dryer - Electric, Dryer - Front Loading, Freezer, Dishwasher, Refrigerator, Stove, Oven/Range - Electric, Washer, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
Fireplace N
Appliance Built-In Range, Dryer - Electric, Dryer - Front Loading, Freezer, Dishwasher, Refrigerator, Stove, Oven/Range - Electric, Washer, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Pennsauken Township Public Schools
Others
Tax ID 27-03109-00033
Ownership Fee Simple
Acceptable Financing Cash, Exchange, Conventional
Listing Terms Cash, Exchange, Conventional
Financing Cash,Exchange,Conventional
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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