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Photo of 21 N Lenola Road, Moorestown NJ
21 N Lenola Road
Moorestown, NJ 08057
# of Units
1
2 Bdrm Units
1
3 Bdrm Units
1
Acres
0.20
Interior SqFt
1,656
Age
117
Heating
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
0
Taxes (2024)
6,463
Additional Details Below

Description

$44,520 Gross Annual Income – Fully Leased- Turnkey Duplex! Prime Investment Opportunity in Moorestown! Welcome to this outstanding multi-unit property, perfectly positioned in highly sought after Moorestown. This well-maintained building offers two fully leased units, generating an incredible monthly income of $3,710. Currently occupied: 2 bedroom unit at $1,650/mo through 12/31/26; and 3 bedroom unit at $2,060/mo through 5/31/26 . This garden style single property offers a blend of modern amenities and classic charm, ensuring high tenant appeal and retention. Each unit is designed for comfort and convenience, featuring recently renovated kitchens with dishwasher and refrigerator included, as well as in-unit laundry facilities. Strategically located near public transportation, township public schools, shops and restaurants, this property ensures easy access for tenants. The off-street and driveway parking options further increase tenant satisfaction. Investors can expect strong returns in a competitive rental market, driven by the property's prime location and modern upgrades. Seize the opportunity to add this gem to your portfolio and watch your investment flourish! Property contains solar panels and buyer to assume solar panel contract. Cost is approximately $30/month.

Location

Driving Directions

Near the corner of Lenola and E. Camden Ave.

Listing Details

Summary
Architectural Type

Cape Cod

Parking

Asphalt Driveway, Driveway

Interior Features
Basement

Connecting Stairway, Wood

Exterior Features
Lot Features

Backs to Trees

Exterior Features

Aluminum Siding

Utilities
Cooling

Central A/C, Electric

Heating

Heat Pump - Gas BackUp, Natural Gas

Hot Water

Natural Gas

Sewer

Public Sewer

Water

Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Duplex
Lattitude : 39.958710
Longitude : -74.979324
MLS# : NJBL2101246
Views : 15
Listing Courtesy: Danielle Py-Salas of EXP Realty, LLC

Notes

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