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Key Details
Sold Price $150,000
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,454 sqft
Price per Sqft $103
Subdivision Parkside
MLS Listing ID NJCD2075400
Style Straight Thru
Bedrooms 3
Full Baths 1
Half Baths 1
Year Built 1920
Annual Tax Amount $2,883
Tax Year 2023
Lot Size 1,568 Sqft
Property Description
Discover a prime CASH FLOWING INVESTMENT OPPORTUNITY! with "The Horn of Plenty" on Magnolia Ave , a tenant-occupied property generating steady income. This traditional brick townhouse, a staple of Camden?s Parkside historic charm, offers immediate landlord potential with an $800/month paying tenant whose lease is secure until December 31st, 2024.
Key Features:
Tenant Occupied: Enjoy immediate rental income from reliable tenants who consistently pay on time.
Recent Updates: New flooring, a modern hot water heater, furnace, and updated roof and gutters ensure minimal maintenance costs.
Spacious Layout: The home boasts 3 bedrooms and 1.5 bathrooms, offering ample space for tenants. The finished basement provides extra living or storage space.
Charming Interior: Warm, chestnut-like flooring and a cozy interior create an inviting atmosphere that tenants love.
Outdoor Space: A spacious backyard offers room for relaxation or further enhancement to increase property value.
Potential for Modernization: While the home is move-in ready, there?s still room for additional renovations to increase its appeal and rental value.
Perfect for investors looking to step into a stable rental market with a property that has both historical charm and modern comforts. Don't miss this chance to expand your portfolio with a property that promises both immediate returns and long-term value.
Essentially Estate Sale. Buyer's are responsible of obtaining CCO and Fire Certification from the City of Camden.
Location
State NJ
County Camden
Area Camden City (20408)
Zoning R-2
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Laminated
Laundry Basement
Exterior
Water Access N
Roof Type Flat
Building
Story 2
Foundation Brick/Mortar
Sewer No Septic System
Water Public
New Construction N
Schools
School District Camden City Schools
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Pets Description No Pet Restrictions
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Bought with Judith Younger • Adhere Real Estate Services, LLC
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Joseph Lam
Broker Associate | License ID: 0682262
Broker Associate License ID: 0682262
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