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Karen Scarpa

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$ 600,000

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69 CHAIRVILLE RD Medford, NJ 08055

4,169 SqFt

UPDATED:

10/18/2024 02:47 PM

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 4,169 sqft

Price per Sqft $143

MLS Listing ID NJBL2074728

Style Victorian

Abv Grd Liv Area 4,169

Originating Board BRIGHT

Year Built 1890

Annual Tax Amount $12,840

Tax Year 2023

Lot Size 1.140 Acres

Acres 1.14

Lot Dimensions 0.00 x 0.00

Property Description

Investor Alert! This is your opportunity to add this turn-key property to your Investment Portfolio! Located in Medford Twp on 1.14 acres, just off Rte70/SkeetsRd. This well maintained Victorian home boasts endless income possibilities. This 4/5 unit multi-family property is fully occupied with tenants who have rented for several years and would like to continue their leases. All Units have separate entrances. The 1st floor was previously used as a complete 2200 sqft Owners suite. It is currently being used as Unit 1A and Unit 1B... each having a living room, 1 bedroom, 1bathroom and share the kitchen area. The 2 floor has 2 Units, each with a living room, bedroom, eat-in kitchen and full bath. Coin operated washer and dryer located on this level. The 3rd floor unit features a large 1 bedroom suite with living room, bedroom, kitchen, bath with a shower, soaking tub and 2 vanities. All of the units have separate electric. The 3rd floor is heated and cooled by an efficient heat pump. The 1st floor and 2nd floors are heated by a boiler. The first floor has central air. Some tenants use window units. The exterior grounds are professionally landscaped and regularly maintained. Beautiful seasonal plantings and small gardens are beautifully cared for by a long term tenant. The oversized detached carriage house/ 1car-garage features a spacious loft, with room to expand for addition possible income. It is currently being used as a work shop and storage by the tenants. The long crushed stone driveway can accommodate 10+ vehicles and the spacious back yard can add opportunities for boats, trucks, trailers storage. A major remodel occurred in the late 90's which included updating the heating, electric, plumbing, walls, ceilings, and woodwork... preserving the original staircase, oak panels, balusters and stain glass windows maintaining that Old World Victorian charm. All windows were replaced with insulated windows. The exterior improvements included vinyl siding, vinyl railing, durable mahogany decking used for the wrap around porch and rear porch, lattice and columns. A New Septic System was installed 5/19, serviced and cleaned out 4/24. A New Well head/pump replaced 12/23 . Full unfinished basement houses systems. All inspections are up to date. The 5 yr State NJ Inspection has recently been completed. Please contact the township for any and all Use Variances, changes and guidelines. This is an easy investment property in a quiet country setting just minutes from Rte 70 Rte 206, Main Street Medford. No sign on property. Please do not enter the driveway or tour the grounds without an appointment.

Location

State NJ

County Burlington

Area Medford Twp (20320)

Zoning SGRA

Rooms

Basement Full

Interior

Hot Water Electric

Heating Baseboard - Hot Water, Heat Pump - Electric BackUp

Cooling Central A/C, Wall Unit

Inclusions All Existing Appliances: 4 Refrigerators, 4 Stoves/Ranges, Coin Operated Washer/Dryer

Fireplace N

Window Features Replacement

Heat Source Oil, Electric

Exterior

Exterior Feature Wrap Around, Porch(es)

Garage Garage - Front Entry, Oversized, Inside Access, Additional Storage Area, Garage Door Opener

Garage Spaces 10.0

Utilities Available Cable TV Available

Waterfront N

Water Access N

View Trees/Woods, Pasture

Roof Type Pitched

Accessibility None

Porch Wrap Around, Porch(es)

Parking Type Detached Garage, Off Site, Driveway

Total Parking Spaces 10

Garage Y

Building

Lot Description Backs to Trees, Adjoins - Open Space

Foundation Block, Concrete Perimeter

Sewer On Site Septic

Water Well

Architectural Style Victorian

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools Shawnee H.S.

School District Medford Township Public Schools

Others

Tax ID 20-04107-00002

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Listed by Mary L Kolanko • Keller Williams Realty - Moorestown

Karen Scarpa

Agent | RMFR8838475

+1(732) 631-4514

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East Brunswick, NJ

Karen Scarpa

Karen Scarpa

69 CHAIRVILLE RD Medford, NJ 08055

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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