312 N 40TH ST Active

Pennsauken,NJ 08110

$ 1250000

- Bed

- Bath

3000 SqFt


Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $416

MLS Listing ID NJCD2057708

Year Built 1920

Annual Tax Amount $14,083

Tax Year 2023

Lot Size 0.253 Acres

Property Description

**The next proposed Group Showing (not an open house), will be Wednesday 10/2 @ 3p.** Excellent investment opportunity!!! Property includes x10 1 Bedroom units. Features brand new water heaters, recently serviced furnaces & solar panels. Generate serious income AND save money on electricity while the solar panels power the property's common areas. Tenants also pay an additional $35/mo on water, cancelling out landlord's water/electric expenses with funds left over! Many of the units have undergone complete renovations including updated flooring, granite countertops & a stainless steel appliance package. Private resident parking lot out front. Access to shared laundry in the basement. Great opportunity for landlords as Pennsauken does not require annual registration with the city, only a DCA. This property is too good to miss, schedule a showing to check out this incredible cash-flow opportunity!

Location

State NJ

County Camden

Area Camden City (20408)

Zoning RES

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling None

Exterior

Garage Spaces 10.0

Waterfront N

Water Access N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Pennsauken Township Public Schools

Others

Special Listing Condition Standard

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