520 CHAPEL Cherry Hill, NJ 08002

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.