3400 COVE
Multi-Family $ 550,000

3400 COVE

Merchantville, NJ 08109

  • 2,862 Lot Size
  • 2020 Year Built
One property, four separate income-producing units, and a mix of residential and commercial use that gives an investor multiple ways to generate revenue from a single address. 3400 Cove Rd features three residential units along with a street-level commercial space currently operating as a barber shop.
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.
Listed by Real Broker, LLC

PROPERTY DETAIL

  • 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

  • Location

    State NJ

    County Camden

    Area Merchantville Boro (20424)

    Zoning RESIDENTIAL

  • Rooms

    Basement Full

  • Building

    Sewer Public Sewer

    Water Public

    Architectural Style Contemporary

    Additional Building Above Grade, Below Grade

    New Construction N

  • 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

  • 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

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CONTACT

Alessandro Falcao
Alessandro Falcao

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