305-307 Leconey Ave, Palmyra, NJ, NJ 08065

Property Description

**INQUIRE ABOUT THE INTEREST RATE BUY DOWN THE SELLER IS OFFERING** This triplex offers TWO ways to make owner-occupancy work for you! Choose the beautifully renovated three-story residence at 307 Leconey Avenue and let the two apartments provide rental income OR move into the vacant first-floor apartment at 305B and unlock even greater earning potential by renting the much larger three-story home along with the established upper apartment. This unique triplex offers over 4,000 square feet of living space, incredible flexibility, and multiple ways to help offset the cost of homeownership. The move-in-ready three-story residence blends historic character with modern conveniences. An enclosed front porch opens to a gracious foyer with soaring ceilings, original millwork, transom window, decorative fireplace, and wide-plank flooring. The stunning kitchen features shaker cabinetry, quartz countertops, stainless steel appliances, and flows into spacious dining and family rooms. Upstairs are three generous bedrooms and a renovated full bath, while the finished third floor provides two additional rooms perfect for an office, guests, or playroom. A brand-new HVAC system with central air services the 1st and 2nd floors. Prefer a smaller space and greater rental potential? 305B is vacant and ready for occupancy, offering a one-bedroom, first-floor apartment with its own laundry. Or use this private space for a loved one and create a wonderful multigenerational setup where everyone can live close while maintaining their independence. The spacious 2nd and 3rd floor apartment at 305A is occupied by exceptional long-term tenants with a proven history of on-time payments and a lease through the end of 2027, providing established rental income from day one. Both apartments include basement storage, and a separate 50x150 lot is included for off-street parking. Live large or live smaller and maximize your rental potential—the choice is yours. This is more than a triplex; it’s an opportunity to make homeownership work for you.