$ 370,000 $ 360,000 2.8%

520 CHAPEL

Cherry Hill, NJ 08002

  • 1,310 SqFt
  • 7,501 Lot Size
  • 1945 Year Built
Beautifully Renovated Duplex With Flexible Use & Long-Term Tenants

Welcome to this updated two-unit duplex in one of Cherry Hill's most convenient and commuter-friendly locations. Perfect for both owner-occupants and investors, this property features a completely renovated first-floor unit and a stable, long-term upstairs tenant who would love to remain.

The first-floor unit was renovated from top to bottom when the current owners purchased the property, offering an inviting, modern living space. Updates include new flooring, fresh paint, updated lighting, modernized kitchen finishes, and a refreshed full bathroom. The layout features two bedrooms, a bonus room, and an area which the sellers converted into a full custom walk-in closet/dressing room. This unit also enjoys exclusive access to the basement for storage and laundry hookups, as well as exclusive use of the front porch, giving it a private, single-family feel within a multi-family home.

The second-floor unit is occupied by long-term tenants, with a lease in place through October 1. They cover their own utilities (except water and sewer) and have expressed interest in remaining, providing stability and future income potential for the next owner.

Both units have separate electric panels, individual heating systems, and their own hot water heaters, ensuring clean division of utilities and easy management. The property sits on a corner lot with a spacious yard, offering outdoor enjoyment and additional appeal.

Located just minutes from major highways, Cherry Hill Mall, parks, dining, public transportation, and an easy commute into Philadelphia, this duplex benefits from strong year-round rental demand.

Whether you're looking to house hack or add a turn-key, income-producing property to your portfolio, 520 Chapel Ave W is an exceptional opportunity in Cherry Hill.
Listed by Prime Realty Partners , Sold By Weichert Realtors - Old Bridge

PROPERTY DETAIL

  • Key Details

    Sold Price $370,000

    Property Type Multi-Family

    Sub Type Detached

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 1, 310 sqft

    Price per Sqft $282

    Subdivision Andes Run

    MLS Listing ID NJCD2107244

    Sold Date 01/09/26

    Style Colonial

    Abv Grd Liv Area 1,310

    Year Built 1945

    Available Date 2025-12-11

    Annual Tax Amount $6,148

    Tax Year 2025

    Lot Size 7,501 Sqft

    Acres 0.17

    Lot Dimensions 50.00 x 150.00

    Property Sub-Type Detached

    Source BRIGHT

  • Location

    State NJ

    County Camden

    Area Cherry Hill Twp (20409)

    Zoning RESIDENTAL

  • Rooms

    Basement Full

  • Building

    Foundation Block

    Above Ground Finished SqFt 1310

    Sewer Public Sewer

    Water Public

    Architectural Style Colonial

    Additional Building Above Grade, Below Grade

    Structure Type Plaster Walls

    New Construction N

  • Interior

    Interior Features Ceiling Fan(s), Floor Plan - Traditional, Wood Floors

    Hot Water Natural Gas

    Cooling Window Unit(s)

    Flooring Ceramic Tile, Solid Hardwood

    Equipment Refrigerator, Stove, Washer, Water Heater, Dryer - Gas

    Fireplace N

    Appliance Refrigerator, Stove, Washer, Water Heater, Dryer - Gas

    Heat Source Natural Gas

  • Exterior

    Utilities Available Cable TV Available, Above Ground

    Water Access N

    Roof Type Asphalt

    Accessibility 2+ Access Exits

    Garage N

  • Schools

    School District Cherry Hill Township Public Schools

  • Others

    Tax ID 09-00191 01-00009

    Ownership Fee Simple

    SqFt Source 1310

    Acceptable Financing Cash, FHA, Conventional

    Listing Terms Cash, FHA, Conventional

    Financing Cash,FHA,Conventional

    Special Listing Condition Standard

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