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$1,000,000
Est. payment /mo
5,300 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,300 sqft
Price per Sqft $188
MLS Listing ID NJCD2087024
Originating Board BRIGHT
Year Built 1960
Annual Tax Amount $9,938
Tax Year 2024
Lot Size 3,358 Sqft
Acres 0.08
Lot Dimensions 28.00 x 0.00
Property Sub-Type Five Or More Units
Property Description
**The next proposed Group Showings (not an open house), will be Fri (4/25) @ 3:15p** Rare opportunity to buy two 10 unit Buildings for a total of 20 units Rutgers University Portfolio consisting of two x10 unit buildings situated in an Opportunity Zone half a block to Rutgers University Campus. You can't get much closer than this! True ProForma at its best. Both buildings provide immense intrinsic value - don't miss the opportunity to turn these buildings into the cash flow kings they should be. Rents could be much higher than they presently are. Prime opportunity to provide upscale student housing. Possibility to combine both driveways in between the 115 N 3rd and 119 N 3rd in order to maximize parking. 115 N 3rd St consists of x10 residential units & 119 N 3rd consists of x9 residential units and x1 storefront. May be purchased as a package or separately. Each Building is 1mm for a total of 2mm for both.
Location
State NJ
County Camden
Area Camden City (20408)
Zoning RESIDENTIAL
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Camden City Schools
Others
Tax ID 08-00074-00013
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Listed by Patrick M Gorman • Keller Williams - Main Street