322 ERIAL RD Pending

Pine Hill,NJ 08021

$ 320000

- Bed

- Bath

1560 SqFt


Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 1,560 sqft

Price per Sqft $205

MLS Listing ID NJCD2075674

Style Traditional

Abv Grd Liv Area 1,560

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $6,774

Tax Year 2023

Lot Size 7,000 Sqft

Acres 0.16

Lot Dimensions 50.00 x 140.00

Property Description

Investment Opportunity in Pine Hill, New Jersey!

Welcome to 322 Erial Rd., a fantastic multi-family duplex that presents a lucrative investment opportunity in the vibrant neighborhood of Pine Hill, New Jersey. This corner duplex, nestled on a substantial lot size of 50 by 140, boasts tons of amenities that make it a desirable asset.

The property features a two-car garage, along with additional driveway parking for two cars, ensuring ample parking space for residents and guests. Situated on a spacious lot adorned with lush grass and trees, the duplex offers a tranquil and picturesque setting for its occupants.

Each unit within the duplex comes with its own private entrance, providing residents with privacy. Unit 1 comprises two bedrooms and one bath, meticulously updated to exude a contemporary aesthetic. The modern kitchen is a standout feature of this unit, equipped with white shaker cabinets, expansive countertops, energy-efficient appliances, and a subway tile backsplash. Sunlit and airy, the kitchen is a delightful space for culinary enthusiasts. The unit also features two well-proportioned bedrooms and a lavish full bathroom adorned with oversized glamor vanity and mirror, finished in gleaming white ceramic tiles.

Unit 2 mirrors the same level of quality and sophistication as its counterpart. This unit includes new high-end carpets, a fully equipped kitchen with white shaker cabinets and updated appliances, and a full ceramic tile bath, Abundant natural light floods the living spaces, creating a warm and inviting ambiance.

Additionally, the property includes a clean lower-level basement with great mechanicals separate central air systems for each unit, as well as a designated washer and dryer area for convenience, Newer Roofs as well !

Currently, the two-bedroom unit is rented on a month-to-month basis for $1500 which can rent for more while the one-bedroom unit was previously rented for $1000 per month. These rental incomes make this investment an attractive option for prospective buyers looking to expand their portfolio.

Don't miss out on the opportunity to add 322 Erial Rd. Located in Pine Hill area, this property is conveniently positioned near major shopping centers and transportation hubs, making it a convenient and lucrative investment opportunity.

Location

State NJ

County Camden

Area Pine Hill Boro (20428)

Zoning RESIDENTIAL DUPLEX

Rooms

Basement Full

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling Central A/C

Inclusions all existing appliances

Fireplace N

Heat Source Natural Gas

Exterior

Garage Covered Parking,Garage - Side Entry

Garage Spaces 4.0

Waterfront N

Water Access N

Accessibility None

Parking Type Driveway,Detached Garage

Total Parking Spaces 4

Garage Y

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District Pine Hill Borough Board Of Education

Others

Tax ID 28-00075-00001

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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