UPDATED:
Key Details
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 1,480 sqft
Price per Sqft $161
MLS Listing ID NJCD2107764
Style Other
Abv Grd Liv Area 1,480
Year Built 1986
Available Date 2025-12-27
Annual Tax Amount $4,133
Tax Year 2025
Lot Size 5,375 Sqft
Acres 0.12
Lot Dimensions 43.00 x 125.00
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
The upper unit boasts a cozy fireplace in the living room and a rear balcony, perfect for enjoying some fresh air. The lower unit offers a rear patio and access to a one-car attached garage, adding extra convenience and storage.
Each unit has an estimated rental value of approximately $1,600 per month, for a projected gross annual income of $38,400. Based on typical operating expenses (30%), the property offers an estimated cap rate of approximately 11.20%. Ideal opportunity for an investor or owner-occupant looking to generate rental income and add value. All figures are estimates; buyer to verify.
Ideally situated with easy access to the Atlantic City Expressway, making commuting a breeze. This property is perfect for someone looking to live in one unit while renting out the other, or for an investor seeking a solid addition to their portfolio. Some TLC needed, but plenty of upside and room to add value.
Location
State NJ
County Camden
Area Winslow Twp (20436)
Zoning RL
Interior
Interior Features Kitchen - Eat-In
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Tile/Brick, Carpet, Engineered Wood
Fireplaces Number 1
Inclusions washer, dryer, fridge, stove and microwave for both units
Fireplace Y
Heat Source Natural Gas
Exterior
Exterior Feature Balcony, Patio(s)
Parking Features Garage - Front Entry
Garage Spaces 3.0
Water Access N
Roof Type Shingle
Accessibility None
Porch Balcony, Patio(s)
Attached Garage 1
Total Parking Spaces 3
Garage Y
Building
Foundation Slab
Above Ground Finished SqFt 1480
Sewer Public Septic
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Winslow Township Public Schools
Others
Tax ID 36-11801-00018
Ownership Fee Simple
SqFt Source 1480
Acceptable Financing FHA, Cash, VA, Conventional
Listing Terms FHA, Cash, VA, Conventional
Financing FHA,Cash,VA,Conventional
Special Listing Condition Standard
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