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21 Burnt Mill Rd

Ashland NJ 08003

0.33 ac.
Multi-Family
Currently for sale - view listing

Overview

Cherry Hill East three unit single house investment opportunity. Great location, 5 minutes walk to PATCO station, gas station, restaurants, food market, bank.The 1st floor is a hair salon about 800sqft 10 year lease to 08/31/2024, current rent income $1350/Month, increase $50 every year.The 1st floor three bedroom one bath room about 1436sqft current rent is $1400/Month. The 2nd floor one bedroom apartment about 500sqft current rent is $700/Month. Month by month lease they live the current address years.Three Gas meter, three new furnaces, three gas heater. Tenants pay their gas bill separately. One electric meter is for hair salon. One electric meter is for the 1st floor and 2nd floor apartment. If bill is over 150/Month, 1st floor tenant pay the difference. One water meter is for the if bill is over $100/Month, hair salon tenant pay the difference.

Features

0.33 ac. lot size
Multi-Family

Happy sellers in Ashland

90%
90% of sellers in Ashland reported that their sale price either exceeded or met their price expectations.

Ashland stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Ashland over the last 12 months.

Local market activity for multi families in Ashland

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