Bought with Patrick M Gorman • Keller Williams - Main Street
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Key Details
Sold Price $675,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NJCD2084936
Year Built 1935
Annual Tax Amount $15,411
Tax Year 2024
Lot Size 10,498 Sqft
Property Sub-Type Five Or More Units
Property Description
PRIME INVESTMENT OPPORTUNITY SITUATED ON A QUIET CORNER LOT IN OAKLYN!!! Don't miss this staggering x6 unit building featuring x4 2BD/1BTH units & x2 1BD/1BTH units along with a private basement & spacious private parking lot! Units are filled with an abundance of natural light & brimming with historic charm as well as updated touches & upgrades. Brand new high efficiency heater with separate electric & gas. Tenants are responsible for electric & gas, the landlord is responsible for water & heat. Property is currently generating around 6k/mo in rental income with one vacant unit & room for tremendous growth. Whether you are a savvy investor looking to add SIX quality doors to your portfolio or an owner-occupant buyer living in either one of the 1 or 2 bedroom units while letting the tenants pay your mortgage AND still generating positive cash flow - then this incredible value add is for you! **Offer memorandum w/ rent roll & financials attached in Bright documents.
Location
Province NJ
County Camden
Area Oaklyn Boro (20426)
Zoning RES
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Exterior
Garage Spaces 6.0
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Camden City Schools
Others
Special Listing Condition Standard
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Kory Prince
Owner/Director of Operations | -V61339
Owner/Director of Operations -V61339