Homes for sale - 725--29 CINNAMINSON ST, Riverton, NJ 08077

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,100 sqft

Price per Sqft $273

MLS Listing ID NJBL2094398

Style Other

Abv Grd Liv Area 2,100

Year Built 1910

Available Date 2025-08-23

Annual Tax Amount $9,480

Tax Year 2024

Lot Size 9,200 Sqft

Acres 0.21

Lot Dimensions 100.00 x 92.00

Property Sub-Type Detached

Source BRIGHT

Property Description

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.

Location

State NJ

County Burlington

Area Riverton Boro (20331)

Zoning RES

Rooms

Basement Outside Entrance,Interior Access,Side Entrance,Unfinished,Walkout Stairs

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Window Unit(s)

Fireplace N

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Utilities Available Electric Available,Natural Gas Available

Water Access N

View Park/Greenbelt

Accessibility Doors - Swing In

Total Parking Spaces 2

Garage N

Building

Lot Description Corner,Subdivision Possible

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade,Below Grade

New Construction N

Schools

Middle Schools Riverton School

High Schools Palmyra H.S.

School District Riverton Borough Public Schools

Others

Tax ID 31-01400-00022

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Negotiable

Listing Terms Negotiable

Financing Negotiable

Special Listing Condition Standard