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Key Details
Sold Price $475,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,950 sqft
Price per Sqft $95
Subdivision Downtown
MLS Listing ID NJCD363164
Sold Date 10/07/19
HOA Y/N N
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $11,200
Tax Year 2019
Lot Size 1,800 Sqft
Acres 0.04
Lot Dimensions 20.00 x 90.00
Property Description
Great investment opportunity in the highly desirable Cooper Street Historic District. This 6 unit apartment building is surrounded by Rutgers, Rowan, and Camden County College campuses. City Hall is just a few blocks away, and the light rail is within one block. The building is fully occupied and currently produces a generous cash flow. Large 1 bedroom apartments could be easily reconfigured into 2 bedroom units to generate even higher returns. This is a turnkey property. All showings must be pre qualified.
Location
State NJ
County Camden
Area Camden City (20408)
Zoning COM
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Camden City Schools
Others
Tax ID 08-00075-00001
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Rachael Han-Ong • Keller Williams Realty - Cherry Hill