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Tracy Marshall

[email protected] +1(443) 306-7673

$ 715,000

Est. payment -/mo

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617 NEWTON AVE Oaklyn, NJ 08107

6,042 SqFt

UPDATED:

02/21/2025 03:24 PM

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 6,042 sqft

Price per Sqft $118

MLS Listing ID NJCD2085252

Style Traditional

Abv Grd Liv Area 6,042

Originating Board BRIGHT

Year Built 1935

Annual Tax Amount $15,411

Tax Year 2024

Lot Size 10,498 Sqft

Acres 0.24

Lot Dimensions 75.00 x 140.00

Property Sub-Type Detached

Property Description

PRIME INVESTMENT OPPORTUNITY SITUATED ON A QUIET CORNER LOT IN OAKLYN!!! Don't miss this staggering x6 unit building featuring x4 2BD/1BTH units & x2 1BD/1BTH units along with a private basement & spacious private parking lot! Units are filled with an abundance of natural light & brimming with historic charm as well as updated touches & upgrades. Brand new high efficiency heater with separate electric & gas. Tenants are responsible for electric & gas, the landlord is responsible for water & heat. Property is currently generating 7k/mo in rental income with room for tremendous growth. Whether you are a savvy investor looking to add SIX quality doors to your portfolio or an owner-occupant buyer living in either one of the 1 or 2 bedroom units while letting the tenants pay your mortgage AND still generating positive cash flow - then this incredible value add is for you! **Offer memorandum w/ rent roll & financials attached in Bright documents.

Location

State NJ

County Camden

Area Oaklyn Boro (20426)

Zoning RES

Rooms

Basement Partial

Interior

Hot Water Natural Gas

Heating Radiator

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Garage Spaces 6.0

Water Access N

Accessibility None

Total Parking Spaces 6

Garage N

Building

Foundation Permanent

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Camden City Schools

Others

Tax ID 26-00053-00012

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Listed by Patrick M Gorman • Keller Williams - Main Street

Tracy Marshall

License ID: 678268

+1(443) 306-7673

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