HUGE Camden DUPLEX: 3/1 & 2/1 with Updated 2nd Floor!

Camden, NJ, 08103
Sold
Listed at: October 3rd, 2024
Price
$140,000
ARV
$300,000
Gross Margin
$160,000
Sq. Footage
1892
Type
Multifamily
Parking
Driveway
Year build
1900
Lot size
0.05 acres
Bedrooms
5
Bathrooms
2
Half Bathrooms
0
Summary

DETAILS

  • FREE AND CLEAR
  • 3 bed / 1 bath upstairs (semi-updated)
  • 2 bed / 1 bath downstairs (needs reno)
  • Public water / Public sewer
  • Gas heat
  • Updated electrical panel
  • LOW TAXES - $894 annually

RENTS

  • 3/1 unit potential rent - $1775 (median market)
  • 2/1 unit potential rent - $1525 (median market)
  • 3/1 section 8 rent - $1850
  • 2/1 section 8 rent - $1530

ARV

  • $300k at 12% cap rate using median market rents

REHAB ESTIMATE

  • $55k total with material

COMPS

  • 506 S Broadway - $300K in June 2024

 

FOR DETAILS CALL/TEXT PHIL @ 856-287-0349

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Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Phil Chehet

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