Pending
69 Chairville Rd
Medford NJ, 08055
$600,000
$143.92 per sqft
Pending
5 Beds
4,169 sqft
Multi-family
Built in 1890
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 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 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.
NJBL2074728
MLSⓇ ID
October 17, 2024
Listed
November 15, 2024
Updated
Map
69 Chairville Rd
Medford NJ, 08055
Interior Features
Total Stories
3
Bedrooms
5
Appliances
Electric Water Heater
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Baseboard, Hot Water, Electric, Oil
Exterior/Building Features
Lot Size
1.14 Acres
Architectual Style
Victorian
Sewer
Septic Tank
School Information
School District
MEDFORD TOWNSHIP PUBLIC SCHOOLS
High School
SHAWNEE H.S.
Other Property Details
Area Name
MEDFORD TWP
Taxes
$13,734
Tax Frequency
Annually
Days on Market
30
Garage
Yes
Garage Spaces
1
Parking
Garage Door Opener, Detached
Parking Total
10
View
Yes
View Description
Trees/Woods, Pasture
County
BURLINGTON
Water Source
Well, Private
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/15/2024 | Pending | — |
Listed by Keller Williams Realty - Moorestown
Listing Contact: 6095025962
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Data last updated on 11/15/2024 at 1:48 PM UTC