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Property view

520 Chapel Ave W, 
Cherry Hill, NJ 08002

$299,000


4

Beds


Bath


1,310

Sq Ft


Multi-Family

Sold

Listed by

Lorraine Silverman

Bought with Real Broker, LLC

Bhhs Fox & Roach-Marlton, (856) 810-5300

MLS#

NJCD2057466

Source:

BRIGHTMLS

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About This Home

520 Chapel Ave W

Nestled in the heart of Cherry Hill, this multi-family home offers the perfect blend of comfort and style in a vibrant community. Whether you're an astute investor seeking a profitable rental property or a homebuyer looking for an ideal living space, this charming residence has much to offer. Step inside, and a world of possibilities unfolds. The first-floor unit boasts two generously sized bedrooms, complemented by an additional room that can flexibly serve as an office or a nursery, catering to your unique needs. The freshly refurbished bathroom sparkles with modern fixtures. A spacious living area beckons. The hardwood flooring has been meticulously refinished, fresh paint coats the walls, light fixtures are brand new, and new blinds on all the windows. Downstairs is a full basement, offering an abundance of storage space for all your possessions and the convenience of an in-house washer and dryer makes daily chores a breeze. The property's allure extends beyond its four walls. Well-maintained landscaping enhances its curb appeal, while the expansive backyard offers your very own outdoor sanctuary, ideal for enjoying beautiful weather. Whether it's sipping morning coffee on the patio or watching the kids play in the yard, this space promises a delightful retreat. The second-floor unit presents a kitchen, living room, full bath, a spacious bedroom, and an extra room that can be used as an office or another bedroom. For investors, this represents a golden opportunity to secure a reliable rental income from the second unit, helping offset your mortgage and grow your real estate portfolio. The property features a relatively new roof, approximately five years old. The upstairs unit has been freshly painted, and the heating system is about five years young. Each unit is equipped with separate heating systems, water heaters, and electrical panels. Cherry Hill, renowned for its excellent schools, abundant shopping districts, and family-friendly amenities, is where you'll find this hidden gem. Commuting is a breeze with easy access to major roadways and Philadelphia, offering the conveniences of urban living within the tranquility of a suburban setting. Don't miss out on the chance to own this fantastic multi-family home in Cherry Hill. It's more than a property; it's a place where dreams are nurtured, and memories are made. Contact us today to schedule a viewing and step into your future. Your dream home awaits, and it's located less than one mile from the Cherry Hill Mall, Wegmans, Costco, Home Depot, Trader Joes, Aldi, and a plethora of other shopping options. All the retail therapy you can imagine, right at your doorstep! All the shopping you can very imagine! The second floor unit is currently rented. The first floor unit is easy to show. The 2nd floor unit requires a 24 hour notification any showings and showings must be between 10am and 6pm daily. The 2nd floor is occupied so please be respectful while in the space. 2nd floor unit is on a yearly lease until 9/2024 and currently pays $925 per month rent.

Home Facts

Multi-Family

4 Bedrooms

Built in 1945

Price Summary

299,000

$228 per Sq. Ft.

MLS #:

NJCD2057466

Sold:

December 6, 2023


Rooms & Interior

Bedrooms

Total Bedrooms:

4


Structure

Structure

Architectural Style:

Colonial

Building Area:

1,310 Sq. Ft.

Year Built:

1945


Lot

Lot Size (Sq. Ft):

7,405


Finances & Disclosures

Finances

Price:

$299,000

Price per Sq. Ft:

$228 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Bright Mls All rights reserved.