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 

The IDX display contains information sourced from the Bright MLS, Inc. as of 11/15/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/15/2024 at 1:48 PM UTC

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