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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
19
Photos
3
beds
3
baths
1,896
sqft
Built in
1955
Attention investors! This duplex offers a rare opportunity to own a rented property nestled on the serene shores of Newton Lake. With a backyard that extends to the water's edge, this property promises both tranquility and profitability. Situated in a picturesque setting, this duplex features two separate apartments, each recently renovated and boasting modern upgrades. Stainless steel appliances gleam in both units' kitchens, complementing the elegant hardwood floors throughout. The top apartment includes a stunning outdoor deck, perfect for enjoying panoramic views of the lake and surrounding scenery. Strategically located, this property is a mere 16-minute drive from Philadelphia, providing easy access to urban amenities and employment opportunities. Additionally, it's just an hour's drive to the renowned beaches of the Jersey Shore, ideal for attracting seasonal renters or weekend getaway seekers. A quick 12-minute drive leads to the Cherry Hill Mall, a premier shopping destination with a diverse selection of retail outlets and dining establishments. Nearby, an array of restaurants cater to varied tastes, ensuring tenants can indulge in culinary delights without venturing far from home. Imagine cozy winters by the fireplace or warm summer evenings in the sunroom, a touch of charm to this lakeside retreat. Currently leased at market rents, this duplex offers immediate income potential with room for growth. Separate basements provide additional storage space or potential for further development, enhancing the property's value and appeal.
Features & Amenities
Interior
- Basement:
- Unfinished
- A/C:
- Central A/C
- Heating:
- Y, 90% Forced Air, Natural Gas
- Fireplace:
- Fireplace, Fireplaces: 1
- Disability Feature:
- 2+ Access Exits
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Colonial
Construction
- General:
- Frame, 2, Permanent
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- OAKLYN BOROUGH PUBLIC SCHOOLS
- County:
- CAMDEN
Lot
- Zoning:
- RESIDENTIAL, 26-00001-00002 01
- Current Use:
- 0
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
Realty Mark Advantage, Michael J Lerman
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Oaklyn, NJ
Housing
- Number of Units
- 6,399
- Median Home Value
- $190,161
- Median Rent
- $983
44.98% of housing units are renter occupied.
7.67% are vacant.
Commute
- Car
-
66.26%
- Public Transportation
-
7.59%
- Walk to Work
-
1.06%
- Work from Home
-
24.05%
- Other
-
0.46%
The median travel time to work is 23 minutes.
People
- Population
- 14,071
- Median Age
- 37.40
- Median Household Size
- 2.64
Education
- High School
-
30.80%
- Associate’s Degree
-
7.50%
- Bachelor’s Degree
-
19.42%
- Graduate Degree
-
10.99%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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