Primary listing photo

1405 S 9th St, Camden, NJ, 08104

2beds
1baths
980sqft
$175,000
$179price/sqft
$1,550/moest. monthly cost
$62,000/yrincome needed

About This Home

Video of this unit is available. Investor Alert! Strong cap rate and annual return opportunity here. This 2 bedroom 1 bathroom with a tenant already in place and generating solid rental income. The property is producing an annual NOI of approximately $16,913 making it an attractive addition to an investment portfolio. Bring your finishing touches and unlock even more potential. With routine upkeep. This income-producing rental is positioned to help you generate consistent monthly cash flow. This property is being sold as part of a larger portfolio with multiple locations throughout New Jersey. Buyers may be eligible for a discount when purchasing more than one property or acquiring the portfolio as a package deal. The seller can also offer creative financing options, including the potential to take over the existing mortgage on these rental properties. Ask about it before or after your tour. Located in a ever increasing , convenient area near local parks, eateries, and entertainment to enjoy from Philadelphia and New Jersey, This rental offers both investment appeal and stable long-term tenants that need housing. The seller is selling AS IS. All units are up to date with TWP CO's and housing where necessary. Seller would like the buyer to use his title company to purchase. Buyer responsible for their own Due Diligence before purchase. Don’t miss this opportunity—schedule your showing today!

Getting Around

66
WalkingSomewhat Walkable
47
TransitSome Transit
50
BikeBikeable

Schools

--
Pride AcademyGrades 6-120.6 mi
1/10
Camden High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Construction materials: Block

Type & Style

  • Home type: Townhouse
  • Architectural style: Colonial
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Gas Water Heater
  • Laundry features: In Basement

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 980

Heating & Cooling

  • Heating features: Baseboard,Natural Gas
  • Cooling features: Ceiling Fan(s),Window Unit(s),Electric

Interior Area

  • Total structure area: 980
  • Total interior livable area: 980 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 080041300008
  • Zoning: R2
  • Special condition: Standard
  • Exclusions: Tenant's Personal Property

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 967 sqft
  • Lot size dimensions: 14.00 x 69.00

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes