409 White Horse Pike
409 White Horse Pike
Closed 6/30/23
Closed 6/30/23
Description
This duplex resid home features 4beds 1st & 2nd floor, 1bed 3rd floor (w/long term tenant) and 2 garages to rent. Great location for commuting N/S or E/W, stones through from Rt295 exit 29 provides N/S commute, on Rt30 for E/W commute, shopping w/in 1 mile - Shoprite, HomeDepot, McDonalds, WAWA, Dunkin, CVS, Tonewood Brewing, carwash,...Investors Delight 6% Cash on Cash ROI - 4 units, 2 resid, 2 garages -Gross Revenue $39,600 minus expenses $14,000 = $25,600 /$425,000 = 6% - Tenants pay ALL UTILITIES
This duplex resid home features 4beds 1st & 2nd floor, 1bed 3rd floor (w/long term tenant) and 2 garages to rent. Great location for commuting N/S or E/W, stones through from Rt295 exit 29 provides N/S commute, on Rt30 for E/W commute, shopping w/in 1 mile - Shoprite, HomeDepot, McDonalds, WAWA, Dunkin, CVS, Tonewood Brewing, carwash, etc.. The woodwork and country atmosphere of this home will rent itself. Rich stained woodwork and stained glass windows set off this property from others. You may want to move in yourself. It has a spacious 4 bedroom first and second floor apartment and a third floor 1 bed apartment. The amenities are truly unique and desirable with two decks, large well maintained yard, 2 car garage, off street parking, secluded yet accessible to all the conveniences a tenant needs. The property is well maintained and needs only minor touchups. This is a Great opportunity for investors looking to offset income or a newbie investor starting out who needs more space for his/her own family and they want to get started investing. Utilities are separate, water is charged to tenants and prorated between tenants. Electric is updated and the property is well maintained and solid. Owner is retiring.
- Listed by David Cantera Jr. • EXP Realty, LLCP: 8568137098 davidjcantera@gmail.com
Property Details for 409 White Horse Pike
Location
Property Details for 409 White Horse Pike
| Status | Closed |
|---|---|
| MLS # | NJCD2032468 |
| Days on Market | 219 |
| Taxes | $10,531 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1920 |
| Lot Size | 0.34 AC / 15,002 SF |
| County | Camden County |
Location
Building Information for 409 White Horse Pike
Payment Calculator
$2,979 per month
30 year fixed, 7.25% Interest
$2,101
$878
$0
Property Information for 409 White Horse Pike
- School District Name: HADDON HEIGHTS SCHOOLS
- School District County ID: 300200396983
- SchoolDistrictSource: 3rd Party
- High School: HADDON HEIGHTS JR SR (CAMDEN NJ)
- HighSchoolSource: 3rd Party
- County: CAMDEN
- MLS Area: Haddon Heights Boro (20418)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Association Recreation Fee Y/N: No
- Tax Year: 2022
- Tax Assessed Value: $310,200
- Year Assessed: 2022
- Improvement Assessed Value: $160,200
- Land Assessed Value: $150,000
- Clean Green Assessed: No
- Municipal Trash: Yes
- Land Use Code: 0
- Agricultural Tax Due: No
- Historic: No
- Zoning: MULTI-FAMILY
- Zoning Dscrp: approved for mulit-family
- Tax Lot: 00017
- Automatically Update Tax Values Y/N: Yes
- TaxDataUpdatedYN: No
- Concessions: No
- Single Room Units Count: 0
- One Bedroom Units Count: 1
- Two Bedroom Units Count: 1
- Three Bedroom Units Count: 0
- Other Units: Unit 1,Unit 2,Unit 4,Unit 3
- Units Furnished: None
- Units Leased Count: 1
- Number Of Units Vacant: 3
- Number Of Units Month To Month: 0
- Rent Control: No
- Type: Unit 2
- Unit Type Occupied YN: No
- Level: 1
- Unit Type Lease Type: None
- Beds Total: 4
- Half Baths Count: 1
- Full Baths Count: 1
- Unit Type Features: Kit,Dinning,Living w/window seat, open foyer, 4 beds up
- Total Rooms: 8
- Type: Unit 3
- Level: 1
- Unit Type Finished SQFT: 250
- Beds Total: 0
- Half Baths Count: 0
- Full Baths Count: 0
- Unit Type Features: garage $100/mo
- Total Rooms: 1
- Type: Unit 4
- Unit Type Occupied YN: No
- Level: 1
- Unit Type Finished SQFT: 250
- Beds Total: 0
- Half Baths Count: 0
- Full Baths Count: 0
- Unit Type Features: garage $100/mo
- Total Rooms: 1
- Type: Unit 1
- Unit Type Occupied YN: Yes
- Level: 3
- Unit Type Lease Type: Yearly
- Beds Total: 1
- Half Baths Count: 0
- Full Baths Count: 1
- Total Rooms: 2
- Operating Expense: $14,000
- Gross Income: $39,600
- Gross Scheduled Income: $39,600
- Net Operating Income: $25,600
- Annual Rental Income: $39,600
- Income Includes: Other
- Cap Rate: 5.80
- Existing Lease Type: Yearly
- Building Level Count: 3
- Building Units Total: 4
- Total Finished SQFT: 2,144.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 2,144.00
- Total SQFT: 2,144.00
- Total SQFT Source: Assessor
- Elevators Count: 0
- Construction Materials: Frame
- Roof: Asbestos Shingle
- Wall and Ceiling Types: Plaster Walls
- Flooring Type: Hardwood
- Foundation Details: Block
- Lot Size Source: Assessor
- Lot Size Dimensions: 75.00 x 200.00
- Lot Dimensions Source: Assessor
- Lot Features: Secluded, Backs to Trees
- Parcel ID: 1887922
- Ground Rent Exists: No
- Type Of Parking: Detached Garage, Driveway, Off Street
- Num of Detached Garage Spaces: 2
- Driveway - # of Spaces: 7
- Total Garage Spaces: 2
- Parking Features: Asphalt Driveway
- Garage Features: Garage - Front Entry
- Interior Features: Built-Ins
- Fireplace: No
- Accessibility Features: None
- Spa: No
- Exterior Features: Fire Escape
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Utilities: Cable TV, Water Available, Sewer Available, Natural Gas Available, Electric Available
- Heating: Yes
- Cooling Type: Heat Pump(s)
- Cooling Fuel: None
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
- Electric Service: 150 Amps
- List Agent AOR: None chosen (Non-REALTOR/Stockholder)
Property History for 409 White Horse Pike
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 409 White Horse Pike
Schools near 409 White Horse Pike
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 12 | |||
| Public - | PK to 6 | |||
| Public - | K to 6 |
Rating | School | Distance |
|---|---|---|
Seventh Avenue Elementary School PublicK to 6 | ||
Haddon Heights Jr Sr High School Public7 to 12 | ||
Atlantic Avenue Elementary School PublicPK to 6 | ||
Glenview Avenue Elementary School PublicK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of EXP Realty, LLC
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