South Jersey Real Estate Investors Association


608 S 5th St, Camden, NJ 08103

Multiple Family / 4 Bedroom(s) / 2 Bath(s)

Property Status:  For Sale | $289,900.00 (Wholesale) | 


Property Photos


Turn-Key Duplex + POTENTIAL Extra Lot in Camden! 11% Cap Rate, Completely Renovated


Property Status:
For Sale | $289,900.00 (Wholesale)
Property Details:
Multiple Family / 4 BR / 2 BA
Property Style:
Duplex
Finished Sq Ft:
1,904
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
No Property Features Listed.
Contact Info
Marty Moves You
(732) 259-2950

View on Individual's Website
Property Description:

Check out this cash-flowing duplex in Camden, NJ—, with potential to build a second multifamily on the extra lot. This property is in excellent condition, fully renovated, and located just 5 minutes from Philly and close to Rutgers Camden in an up-and-coming area.

Features & Highlights:

Units: 2BR/1BA upstairs ($1,500/mo), 2BR/1BA downstairs ($1,365/mo, Sec 8)
Leases: Both rented through end of next year
Tenant Pays All Utilities (Separate Elec, Gas, Water meters)
Public Water/Sewer
Washer/Dryer in each unit
Basement can be rented for storage for extra income
Annual Gross Rent: $34,320
Annual NOI: $31,782
Taxes: Only $1,592 total
Cap Rate: ~11%
ARV: $300,000
Asking: $289,900
Comps

NJCD2078844  418 Pfeiffer St, Camden, NJ 08105 Closed | 12/18/24 Multi-Family $235,000 (only 1bed collecting $800 in rents)


NJCD2072550 330 N 2nd St, Camden, NJ 08102 0.8 mi Closed | 12/31/24 Multi-Family $350,000

 

Pics
drive.google.com/ drive/folders/ 1BPxyXfBivs2NfRBDMa2w9aDe07Cgv O6b?usp=sharing

 



Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor is a principal party in a valid and assignable purchase agreement which allows the investor to purchase the subject property from the seller. This purchase agreement is being offered for sale for an assignment fee to a 3rd party granting that party the opportunity to execute the purchase agreement to buy this home. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee. South Jersey Real Estate Investors Association is not responsible nor will be held liable for the property or the information listed here.

South Jersey Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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South Jersey Real Estate Investors Association

PO Box 689
Marlton, NJ 08053
(856) 663-1133

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