305-307 Leconey Ave, Palmyra, NJ 08065
- $720,000
- 4
- BD
- 1
- BA
- 4,009
- SqFt
- List Price
- $720,000
- Days on Market
- 13
- Status
- ACTIVE
- MLS#
- NJBL2119370
- Bedrooms
- 4
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 4,009
- Lot Size (Acres)
- 0.17
- Style
- Victorian
- Year Built
- 1876
- County
- Burlington
- School District
- Palmyra Borough Public Schools
Property Description
A rare opportunity to live beautifully while rental income helps offset your mortgage! This extraordinary 1876 triplex pairs a stunning, move-in-ready owner's residence with income-producing apartments, offering an ideal setup for an owner-occupant, investor, or multigenerational household. With over 4,000 square feet beneath a timeless slate roof, the property has been thoughtfully restored to preserve its historic character while incorporating the modern conveniences today's buyers appreciate. The fully renovated owner's residence at 307 Leconey Avenue has been transformed from top to bottom while retaining the architectural details that make this home so special. An inviting enclosed front porch opens to a gracious foyer with soaring ceilings, original millwork, a transom window, decorative fireplace, and wide-plank flooring. The stunning new kitchen features shaker cabinetry, quartz countertops, stainless steel appliances, and flows into spacious dining and family rooms. Upstairs are three generous bedrooms and a tastefully renovated full bath, while the finished third floor provides two additional rooms ideal for a home office, guest space, or playroom. A brand-new HVAC system with central air services the first and second floors. On the rental side, 305 A&B, the first-floor apartment is occupied on a month-to-month basis, giving the next owner options for future occupancy or a new lease at current market rent. The spacious second- and third-floor apartment is occupied by exceptional long-term tenants with a proven history of on-time rent payments, providing dependable income through the end of 2027. Both rental units include full basement storage, with laundry in the first-floor apartment and basement laundry for the upper unit. Also included in the sale is a 50x150 lot currently used by tenants for off-street parking. Income-producing and rich with historic character, this distinctive property offers the space and versatility to make it your own while building long-term value. Stop by the open house on Sunday, August 30th from 1-4 p.m. to tour this amazing property!
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Additional Information
- Area
- Palmyra Boro (20327)
- Subdivision
- None Ava Ilable
- Taxes
- $10917
- Interior Features
- Bathroom - Walk-In Shower, Carpet, Ceiling Fan(s), Floor Plan - Traditional, Recessed Lighting, Upgraded Countertops
- School District
- Palmyra Borough Public Schools
- Flooring
- Carpet, Luxury Vinyl Plank
- Exterior Features
- Play Area
- Heating
- Forced Air, Baseboard - Electric, Radiator
- Heating Fuel
- Natural Gas, Oil
- Cooling
- Central A/C, Ceiling Fan(s), Wall Unit
- Roof
- Slate
- Water
- Public
- Sewer
- Public Sewer
- Room Level
- Bedroom 4: Upper 2, Bonus Room: Upper 2, Primary Bedroom: Upper 1, Bedroom 2: Upper 1, Bedroom 3: Upper 1, Foyer: Main, Living Room: Main, Family Room: Main, Dining Room: Main, Kitchen: Main, Basement: Lower 1
- Basement
- Yes
Mortgage Calculator
Listing courtesy of Coldwell Banker Realty. Contact: (856) 235-0101
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