$685,000

6136 MAGNOLIA AVENUE, Pennsauken, NJ 08109

  • 1,490 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $460/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

***Find All Financial Information In Documents*** This exceptional investment opportunity features a former Elementary School House on the Cherry Hill border, now transformed into three beautifully renovated units. Each unit boasts a modern, contemporary design with oversized windows, soaring 12-foot vaulted ceilings, and an open, spacious floor plan. These well-appointed units each offer two bedrooms 2- 1.5 baths, sunlit rooms, laminate flooring, updated kitchens and baths, gas heating, central air, and in-unit washer and dryer. Additional conveniences include a storage closet, private tenant parking. Each unit can be deeded separately if you choose to take advantage of the condo agreement. Units range from 1,100 to 1,500 square feet, and while they could be sold individually, they are being offered as a complete package, along with a BUILDERS LOT. Ideally located within walking distance of Pennsauken Country Club and just minutes from Philadelphia and Cherry Hill Mall, this property offers an outstanding opportunity to expand your portfolio. The adjacent buildable lot, positioned at the opposite corner of Scovel Ave & Wisteria Ave, provides further potential for growth and development. An excellent chance to invest in a unique property with strong income potential and a prime location!

Listing Status:
Active
Date Added:
June 2, 2025 at 05:00AM
Listing Office:
BHHS Fox & Roach-Marlton : 8568105300
Listing Agent:
Dawn Varallo : 8563817884
MLS ID:
NJCD2094714
  • A/C: Central A/C
  • Heating: Y90% Forced AirNatural Gas
  • Disability Feature: None

This listing courtesy of Dawn Varallo, BHHS Fox & Roach-Marlton

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

G.H. Carson Elementary School

4150 Garfield Ave, Pennsauken, NJ, 08109

Grades PK-3

1.02 miles away

H

Howard M. Phifer Middle School

8201 Park Ave, Pennsauken, NJ, 08109

Grades 6-8

1.70 miles away

A

A.E. Burling High School

3600 Harris Ave, Pennsauken, NJ, 08110

Grades 6-12

1.78 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.