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About the Listing BEDG01 - 3292384
This historic Riverton triplex, located within direct view of Riverton Park, offers an estimated rental income of up to $4,500+ per month plus a POSSIBLE SUBDIVIDABLE, BUILDABLE LOT INCLUDED IN THE SALE. The property features three separate units. The first floor features two 1-bedroom units—Unit 1 is fully renovated, vacant, has its own laundry, and offers access to the inviting front porch, while Unit 2 features a charming sunroom/3-season room, efficient kitchen, and cozy living space, currently tenant-occupied. Upstairs, the tenant-occupied second-floor apartment includes a deck just off the kitchen and one existing bedroom and living room, with the potential to convert to two or even three bedrooms for added rental income on the 2nd floor of the unit. There is outside and unit #2 basement access that with some creativity could serve as an additional laundry/storage area for the other two units. To the best of the owner's knowledge and Riverton Borough specifications, the generous lot meets size and setback requirements for subdivision and zoned buildable pending necessary township approvals, offering an excellent opportunity for future development or expansion. This property is ideal for investors seeking strong rental returns or buyers looking for a multi-family home with added building potential in a desirable location. Riverton school district, eye sight to fantastic Riverton Park and all that the historic charm of Riverton has to offer! Property to be conveyed in "as-is" condition. Seller to do no repairs. Seller will obtain CO.
Listing Highlights for 725 Cinnaminson St
Status
Active
Days on Site
80
Property Type
Multi-Family
MLS ®
NJBL2094398
Year Built
1910
Total Square Footage
2,100
Lot/Acreage
0.21
County
Burlington
School District
Riverton Borough Public Schools
Middle School
Riverton School
High School
Palmyra H.S.
Interior Details
- Bedrooms: 4
- Bathrooms: Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2100
- Below Ground Sq Ft: 0
- Basement: Outside Entrance,Interior Access,Side Entrance,Unfinished,Walkout Stairs
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner,Subdivision Possible,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 100.00 x 92.00
- Zoning: RES
- Roof:
- Others: Good
- Sewer: Public Sewer
- Parking Features: Concrete Driveway,Off Street,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $9,480
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
725 Cinnaminson St Riverton, NJ 08077
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