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313 Market Street

CAMDEN, NJ 08102
  • $950,000
  • STATUS: Active
  • ON SITE: 395 Days
  • ID#: NJCD2044692
UPDATED: 124 min ago
$950,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Ratings & Info

School District:

Description

Are you an Investor looking for instant cash flow with the potential to raise rents without any improvements, look no further! Located in the heart of downtown Camden, right between City Hall and Rutgers University and in Camden Counties Opportunity Zone! 5 residential units plus a commercial storefront on the first floor. Three floors, each approximately 2,100sf each. All long term tenants, and all on significantly below market month to month leases. The perfect situation for an investor to cash flow from day one with the ability to easily increase rents, and Camden County Opportunity Zone with tax break incentives to make this a true cash cow! Interior of all units were fully remodeled in 2010 and a new roof installed about 2 years ago. Storefront on first floor is currently a thriving cafe but there's enough space to use for a restaurant, office space, additional residential units, barber/beauty salon, daycare, convenience store, laundromat, or start your own business and let the residential units pay your rent for you! Possibilities are endless. Huge basement with outside access and tons of storage space. In the back is an extra 75' of property for parking or to create an additional outdoor space. Opportunities like this don't come around every day, so don't miss this one!

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©2024 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 Daunno Realty Services, 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: 2024-04-24T13:58:29.187.
www.daunnorealty.com/homes/138024980
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313 Market Street CAMDEN, NJ 08102

  • Price: $950,000
  • Status: Active
  • On Site: 395 Days
  • Updated: 124 min ago
  • ID#: NJCD2044692
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1920
Built
Neighborhood:
None Available
County:
Camden
Area:
Camden City (20408)
School District:
Camden City Schools
Property Description
Are you an Investor looking for instant cash flow with the potential to raise rents without any improvements, look no further! Located in the heart of downtown Camden, right between City Hall and Rutgers University and in Camden Counties Opportunity Zone! 5 residential units plus a commercial storefront on the first floor. Three floors, each approximately 2,100sf each. All long term tenants, and all on significantly below market month to month leases. The perfect situation for an investor to cash flow from day one with the ability to easily increase rents, and Camden County Opportunity Zone with tax break incentives to make this a true cash cow! Interior of all units were fully remodeled in 2010 and a new roof installed about 2 years ago. Storefront on first floor is currently a thriving cafe but there's enough space to use for a restaurant, office space, additional residential units, barber/beauty salon, daycare, convenience store, laundromat, or start your own business and let the residential units pay your rent for you! Possibilities are endless. Huge basement with outside access and tons of storage space. In the back is an extra 75' of property for parking or to create an additional outdoor space. Opportunities like this don't come around every day, so don't miss this one!
Exterior Features

Construction Materials Brick Garage YN No Location Type Downtown Parking Features Private Parking Types Parking LotOn Street Property Condition Very Good Road Responsibility Boro/Township Roof Flat Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 6300.00 Cooling Central A/CCeiling Fan(s)Wall Unit Exclusions Personal property including cafe kitchen equipment and appliances. Flooring Tile/BrickCarpet Heating Baseboard - Electric Heating YN Yes Net Square Feet 6300.00

Property Features

Acceptable Financing ConventionalCashPrivateOther Accessibility Features 2+ Access Exits Central Air YN Yes Cooling Fuel Electric Cross Street 4TH STREET Elevators 0 Entry Level 1 Foundation Details Concrete Perimeter Heating Fuel Electric Hot Water Electric Municipality CAMDEN CITY Navigable Water YN N New Construction YN No Number Of Units Total 6 Operating Expense 11680.00 Operating Expense Includes InsurancePest Control Original MLSNumber 802231725972 Owner Pays InsurancePest ControlTaxes - Real Estate Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 9418.00 Tax Lot 00032 Utilities Water AvailableSewer AvailableElectric AvailablePhoneCable TV Available Vacation Rental YN No Water Source Public Year Built Effective 2010 Zoning COMML

Listing courtesy of Better Homes and Gardens Real Estate Maturo: .


©2024 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 Daunno Realty Services, 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: 2024-04-24T13:58:29.187.
 
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Daunno Realty Services, LLC
206 Westfield Avenue
Clark NJ, 07066