Property Description

Location, Location, Location! Exceptional investment opportunity in the heart of Moorestowns sought-after Town Center! Welcome to 357 W. 2nd Street, a beautifully renovated duplex blending historic charm with modern convenience in a community known for its award-winning schools. This turnkey investment offers a potential gross annual rental income of $57,000. Unit 1, a 2-bedroom, 1-bath unit, recently became vacant with a rental potential of $2,150/month+, while Unit 2, a 3-bedroom, 1-bath unit, is currently leased at $2,600/month. Ideal for investors or owner-occupants looking to live in one unit while generating rental income from the other! Enjoy the charm of the new wraparound porch overlooking the public memorial park directly across the street. Just around the corner, the Perkins Center for the Arts offers summer concerts, exhibitions, and music and art classes. Unit 2 features original hardwood floors, spacious living and dining areas, and a convenient new laundry room adjacent to the living room. The modern kitchen boasts white cabinetry, and stainless steel appliances. A beautifully renovated full bathroom, two additional upstairs bedrooms with new carpeting, and a large storage room complete the upper level. Unit 1 offers a separate side entrance leading into a spacious living and dining area, a modern kitchen, and access to a side porchperfect for relaxing outdoors. A two-car attached garage is included with Unit 1.The large backyard provides plenty of space for gardening, entertaining, and summer barbecues. Renovated units (2024) Original Slate roof was repaired and restored in 2025. Front porch roof, porch decking, are new (2026). All new replacement windows. Back side porch was renovated in 2026. Back stairs repaired (2026) Whether youre looking to expand your investment portfolio or own a property in one of Moorestowns most desirable locations, this renovated duplex offers outstanding potential just steps from the shops, dining, and amenities of Town Center!