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25-27 E Camden Avenue

MOORESTOWN, NJ 08057
  • $590,000
  • STATUS: Active Under Contract
  • ON SITE: 104 Days
  • ID#: NJBL2036092
Under Contract
UPDATED: 68 min ago
$590,000
  • 0
    BEDS
  • 0.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,980
    SQFT
  • $198
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1908
County:

School Information

High School:

Description

Fully leased! This quadplex residential property is a solid moneymaker with great cashflow and a low expense ratio. The tenants pay their own gas and electric, and have their own heaters, water heaters and entrances, which helps keep the owner's costs to a bare minimum. The rents on the recently renovated units on the 27 address side demonstrate that these apartments are in high demand. The building is in a great location for a multifamily and in the desirable town of Moorestown. The lot is large and has potential. Four-unit multifamily buildings in this area don't come along too often, so make an appointment to tour this property today!

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty, LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-02-06T06:51:25.14.
www.searchmontgomerybuckshomes.com/homes/134225694
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25-27 E Camden Avenue MOORESTOWN, NJ 08057

  • Price: $590,000
  • Status: Active Under Contract
  • On Site: 104 Days
  • Updated: 68 min ago
  • ID#: NJBL2036092
0
Beds
0
Baths
0
½ Baths
0.43
Acres
2,980
SQFT
$198
$/SQFT
1908
Built
Neighborhood:
Lenola
County:
Burlington
Area:
Moorestown Twp (20322)
High School:
Moorestown
School District:
Moorestown Township Public Schools
Property Description
Fully leased! This quadplex residential property is a solid moneymaker with great cashflow and a low expense ratio. The tenants pay their own gas and electric, and have their own heaters, water heaters and entrances, which helps keep the owner's costs to a bare minimum. The rents on the recently renovated units on the 27 address side demonstrate that these apartments are in high demand. The building is in a great location for a multifamily and in the desirable town of Moorestown. The lot is large and has potential. Four-unit multifamily buildings in this area don't come along too often, so make an appointment to tour this property today!
Exterior Features

Architectural Style Other Construction Materials Frame Garage YN No Lot Features Front YardRear Yard Other Structures Above GradeBelow Grade Parking Features Shared Driveway Parking Types Driveway Patio And Porch Features Porch(Es) Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2980 Basement Outside EntranceUnfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplace YN No Fireplaces Total 0 Heating Radiator Heating YN Yes Single Room Units 0 Spa YN No Three Bedroom Units 0 Two Bedroom Units 2 Units Furnished None

Property Features

Accessibility Features None Assessment Year 2021 Central Air YN No Cooling Fuel None Cross Street Lenola Road Electric 100 Amp Service Electric Average Monthly 35 Electric Last12 Months 420.00 Existing Lease Type Yearly Gross Income 53807.00 Heating Fuel Natural Gas Hot Water Natural Gas Insurance Expense 2500.00 Maintenance Expense 2500.00 Municipality Moorestown Twp Navigable Water YN N Net Operating Income 37726.00 New Construction YN No Number Of Units Leased 4 Number Of Units Total 1 Number Of Units Vacant 0 Operating Expense 16081.00 Operating Expense Includes Insurance Original MLSNumber 801965153618 Other Expense 10676.00 Owner Pays SewerTaxes - Real EstateWaterCommon Area MaintenanceInsurance Ownership Interest Fee Simple Pool Expense 0.00 Possession 0-30 Days Cd31-60 Days Cd61-90 Days Cd Property Sub Type Quadruplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 8779.45 Tax Assessment Amount 322300.00 Tax Lot 00038 Total Actual Rent 57120.00 Trash Expense 0.00 Vacation Rental YN No Water Average Monthly 106 Water Last12 Months 1272.00 Water Source Public Zoning R

Listing courtesy of Camden Realty Services, Llc.: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty, LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-02-06T06:51:25.14.
 
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eXp Realty, LLC
1848 N Hancock Street Fl #C
Philadelphia PA, 19122