611 2Nd St, Camden, NJ 08102

8 Unit Apartment Building | $465,000 ($58,125/Unit) | Camden, NJ 08102

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $465,000

Property Type
Multifamily
Square Feet
3,086 SF

Listing Contacts

Patrick Gorman
Patrick Gorman
Verified Profile
  • Property Info

Property Overview

**Please reach out to listing agent to schedule - appointment must be confirmed. The next proposed group Showing (Not an open house), will be Wednesday, August 14th @ 2p.**
INCREDIBLE investment opportunity located in the historic Cooper Point section of BOOMING Camden!!! Situated less than a block away from Rutgers University & the Ben Franklin Bridge! Property features x5 residential units & x3 garage units being used for storage. Unit A is an efficiency apartment currently being rented thru 2/28/25 for $850/mo. Unit B is a 1BD/1BTH currently being rented thru 10/31/24 for $750/mo. Unit C is a 3BD/1BTH currently being rented thru 4/30/25 for $1,200/mo. Unit 1 is an efficiency apartment currently being rented thru 12/31/24 for $700/mo. Unit 2 is a 1 BD/1BTH and is currently vacant. Garage units A & B are currently being rented on a month-to-month term for $200/mo. Garage unit C is currently being rented thru 12/31/24 for $200/mo. The property promises immense intrinsic value with the ongoing revitalization in the city. Contact us to schedule a showing today, you definitely don't want to miss it!!!

Property Details

Class
C
Year Built
1920
Stories
3
Lot Size (sq. ft)
2,178 SF
Units
8

Highlights

  • seller to provide DCA
  • excellent income generating opportunity
  • unbeatable location with easy access to Philadelphia

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