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Camden,NJ 08102
Key Details
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 444 sqft
Price per Sqft $337
Subdivision Lanning Square
MLS Listing ID NJCD2095852
Style Colonial
Bedrooms 2
Full Baths 1
Year Built 1909
Annual Tax Amount $885
Tax Year 2024
Lot Size 444 Sqft
Property Sub-Type Twin/Semi-Detached
Property Description
This semi-detached, tenant-occupied investment property offers immediate cash flow and a strong return with a 12% Net Operating Income (NOI).
The home features two spacious bedrooms and one full bathroom, making it ideal for consistent rental demand. With tenants already in place, investors can enjoy income from day one.
Located just down the street from Cooper University Hospital, Cooper Medical School of Rowan University, and a local middle school, and only minutes from Rutgers University, the property sits in a highly desirable, high-demand rental area. Public transportation is easily accessible, with the train station and bus terminal nearby.
This is a fantastic opportunity to own a turnkey, income-generating property in one of Camden's most strategically located neighborhoods.
Location
State NJ
County Camden
Area Camden City (20408)
Zoning RESIDENTIAL
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Exterior
Water Access N
Roof Type Flat
Building
Story 2
Foundation Concrete Perimeter,Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Camden City Schools
Others
Special Listing Condition Standard