523 Park Place Drive

CHERRY HILL, NJ 08002

  • 2 Bed(s)
  • 2.0 Bath(s)
  • 1,312 Sqft
  • 2047
    Sqft(Lot)
$295,000

Description

This tenant-occupied, cash-flowing 2-bed, 2-bath condo in the high-demand park place community is a prime investment opportunity. currently rented at $2,500/month, it offers immediate income with a stable tenant in place. featuring a modern kitchen, luxury vinyl flooring, and a first-floor bedroom with an attached bath and balcony, the unit is well-maintained and move-in ready.

with an assumable mortgage, hoa at $313/month ($3,756 annually), taxes at $468.50/month ($5,622 annually), and insurance at just $326/year, carrying costs are low and predictable. the park place community offers desirable amenities like a pool, tennis courts, and clubhouse, making it a high-demand rental location.

located near major highways, shopping, and employers, this turnkey property delivers consistent rental income, strong roi, and long-term appreciation. lock in this passive income opportunity today!

  • Property Type

    Residential

  • Subdivision

    Park Place

  • County

    CAMDEN

  • Style

    Contemporary

  • AD ID

    48499839

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Property Details

  • Bedroom Information

    • Total Bedrooms : 2
    • Master Bedroom Level: 2

    Bathroom Information

    • Total Baths: 2
    • Full Baths: 2

    Water/Sewer

    • Water Source : Public

    Room Information

    • Patio/Porch Features: Deck(s),Balcony

    Interior Features

    • Skylight(s),Ceiling Fan(s),Breakfast Area,Floor Plan - Traditional,Kitchen - Eat-In
    • Roof : Shingle
    • Exterior Property Features : Exterior Lighting,Sidewalks,Street Lights
    • Property Amenities: Tennis Courts,Swimming Pool,Club House
    • Property Appliances: Energy Efficient Appliances

    Roofing Information

    • Shingle

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Forced Air
    • Cooling Fuel: Natural Gas
    • Heating Fuel: Electric

  • Building Information

    • Exterior Features: Exterior Lighting,Sidewalks,Street Lights
    • Year Built: 1986
    • Structure: Unit/Flat/Apartment
    • Major Appliances: Energy Efficient Appliances
    • New Construction: No
    • Total Floors: 2
    • Total Units: 1
    • Built: 1986
    • Construction Material: Wood Siding,Aluminum Siding
    • Amenities: Tennis Courts,Swimming Pool,Club House
    • Roof: Shingle
    • Architecture: Contemporary
    • Pool/Private: Yes - Community
    • Roof Type: Shingle

    Pool Information

    • Pool: Yes - Community

    Amenities

    • Tennis Courts,Swimming Pool,Club House

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 2,047
    • Dimensions: 0.00 x 0.00
    • Lot Size (Acres): 0.05
    • Architectural Style: Contemporary
    • Main Square Feet: 2,047

    Property Information

    • SQ ft: 1,312
    • SQ ft (Living Area): 1,312
    • Total Lot SQ ft: 2,047
    • Subdivision: PARK PLACE
    • Financing: Negotiable
    • Appx. Lot Dimensions: 0.00 x 0.00
    • Total Acreage: 0.05
    • New Construction: No
    • Type: Contemporary

  • Listing Information

    • Possession: 0-30 Days CD,Immediate,Negotiable
    • Common/Club Amenities: Tennis Courts,Swimming Pool,Club House
    • Days Of Market: 10

    Lease Information

    • Lease Considered: No

  • Tax Information

    • Annual Tax: $5,559
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • 0-30 Days CD,Immediate,Negotiable

    Assessment Information

    • Taxes Assessment Amount: $124,700

  • Parking Information

    • Parking Features: Private
    • Parking Type: Parking Lot

    Multi-Unit Information

    • Acceptable Financing: Negotiable
    • Roof: Shingle

    Homeowners Association Information

    • Association Fee: $313
    • HOA Name: PARL PLACEE CONDOMINIUM
    • Direction: Grove St t To Park Dr

  • School Information

    • School District: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Natural Gas
    • Heating Fuel: Electric
    • Hot Water: Natural Gas

    Location Information

    • Direction: Grove St t To Park Dr
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BuyOwner last updated this listing 02/22/2025 @ 07:11

  • MLS: NJCD2085552
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Home, with 2 bedrooms which is recently sold, it has 1,312 sqft, 2,047 sized lot, and 0 parking. are nearby neighborhoods.