725 CINNAMINSON STREET -29

RIVERTON, NJ 08077

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 courtesy of Coldwell Banker Realty



The real estate listing information is 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 consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.