Bought with NON MEMBER • Non Subscribing Office
$425,000
$414,999
2.4%For more information regarding the value of a property, please contact us for a free consultation.
401 MORGAN AVE Palmyra, NJ 08065
1,989 SqFt
Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,989 sqft
Price per Sqft $213
Subdivision None Available
MLS Listing ID NJBL2081246
Style Colonial
Year Built 1910
Available Date 2025-02-25
Annual Tax Amount $8,743
Tax Year 2024
Lot Size 8,700 Sqft
Property Sub-Type Detached
Property Description
This well-maintained duplex features one 2-bedroom, 1-bath unit and one 3 bedroom 1 bath unit each offering recent updates as well separate entrances in the front and back of each unit. Unit 1 has been recently upgraded with new replacement windows, new vinyl plank flooring in the kitchen and bathroom, a new exterior door, and freshly painted bedrooms. This unit also has access to the basement and laundry. Currently tenant-occupied, the tenant would prefer to stay, but the unit can be delivered vacant if preferred. Unit 2 is vacant and has also been freshly painted and features refinished hardwood floors, new vinyl plank flooring in the kitchen and bathroom, replacement windows, a new exterior door, as well as a private rooftop deck overlooking the backyard. Estimated rent for Unit 1 is 1,900(+) per month and estimated rent for Unit 2 is 2,100 (+).
In addition to the spacious units, this property includes a 2-car detached garage with a new roof, offering extra storage or the potential for additional income. Located in a quiet residential neighborhood, this duplex is just minutes from Philadelphia, with easy access to Route 73, the Tacony-Palmyra Bridge, and the train. Close to parks, schools, shops and a short walk to the river, this property is a great opportunity for both investors and owner-occupants. For more information, please contact the listing agent.
Location
State NJ
County Burlington
Area Palmyra Boro (20327)
Zoning R-1
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Wall Unit
Exterior
Parking Features Other
Garage Spaces 4.0
Water Access N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Charles Street School
Middle Schools Palmyra
High Schools Palmyra H.S.
School District Palmyra Borough Public Schools
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
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