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Joseph Lam

team@soldbyturnkey.com +1(856) 305-8329

Listed by Anthony Wilson • Agent06 LLC

$949,900

Est. payment - /mo

4,000 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $237

MLS Listing ID NJCD2126088

Style Victorian

Abv Grd Liv Area 4,000

Year Built 1900

Annual Tax Amount $13,545

Tax Year 2025

Lot Size 0.412 Acres

Acres 0.41

Lot Dimensions 90.00 x 199.20

Property Sub-Type Detached

Source BRIGHT

Property Description

CAP RATE of 6.8% currently! Rarely does a fully renovated, income-producing quadplex hit the market in the heart of Audubon, and 266 White Horse Pike is exactly that kind of opportunity for the discerning investor. A dramatic Victorian corner tower anchors the front of this stunning estate, updated from top to bottom and set on an impressive .41 acre lot, fenced for privacy with lush green grass, a stone fire pit, and ample parking in both the front and back of the property. The property is currently generating $1,800 per month per unit on the bottom floor units. Top units C & D rented with one year leases. Unit C is at $2,000/mo and Unit D is at $1,800/mo. A vacant front office space offers a rare fifth income opportunity, already equipped with a powder room that could easily be expanded into a full bath, plumbing and space in place for a kitchen, and an existing beverage fridge, making the conversion to an efficiency apartment or the continued use as office space equally simple. The office connects directly to the basement, giving easy access to ample storage and all new mechanicals, a practical convenience for whoever manages the property. Units A and B occupy the back of the property with private single level entries and have been finished to a high end standard, featuring skylights, walk-in closets, kitchen islands, and their own in-unit laundry and independent thermostats. Units C and D are accessed from the front left of the building. Unit D is the standout of the property, a spacious one bedroom, one and a half bath two level layout with the primary bedroom set inside the home's original Victorian tower, complemented by an additional living space, a walk-in closet, and a full bathroom. Whether you are looking to 'house hack' or are a savvy investor, this property has the versatility for endless opportunity. Schedule your exclusive tour today!

Location

State NJ

County Camden

Area Audubon Boro (20401)

Zoning MULTIFAMILY

Rooms

Basement Unfinished

Interior

Hot Water Multi-tank

Cooling Central A/C

Flooring Luxury Vinyl Plank

Equipment Built-In Microwave, Dishwasher, Dryer, Dryer - Electric, Refrigerator, Stainless Steel Appliances, Washer

Fireplace N

Appliance Built-In Microwave, Dishwasher, Dryer, Dryer - Electric, Refrigerator, Stainless Steel Appliances, Washer

Heat Source Electric

Exterior

Garage Spaces 10.0

Utilities Available Under Ground

Water Access N

Roof Type Asphalt,Shingle

Accessibility Other

Total Parking Spaces 10

Garage N

Private Pool No

Building

Foundation Block

Above Ground Finished SqFt 4000

Sewer Public Sewer

Water Public

Architectural Style Victorian

Additional Building Above Grade, Below Grade

Structure Type 9'+ Ceilings,High

New Construction N

Schools

Elementary Schools Mansion Avenue School

School District Audubon Public Schools

Others

Tax ID 01-00057-00019

Ownership Fee Simple

SqFt Source 4000

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

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Joseph Lam

+1(856) 305-8329

Broker Associate License ID: 0682262

266 S WHITE HORSE PIKE Audubon, NJ 08106

Joseph Lam

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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266 S WHITE HORSE PIKE