NJ > Oaklyn
Oaklyn, NJ 08107,617 NEWTON AVE
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Oaklyn, NJ 08107,617 NEWTON AVE
Oaklyn, NJ 08107,617 NEWTON AVE
Oaklyn, NJ 08107,617 NEWTON AVE
Oaklyn, NJ 08107,617 NEWTON AVE
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Patrick Gorman

Patrick Gorman

+1(609) 707-5024
Listed by Patrick M Gorman • Keller Williams - Main Street
$ 715,000
Est. payment /mo
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Pending

617 NEWTON AVE Oaklyn, NJ 08107

10,498 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID NJCD2084936

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 Five Or More Units

Source BRIGHT

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 around 6k/mo in rental income with one vacant unit & 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

Interior

Hot Water Natural Gas

Heating Radiator

Cooling None

Heat Source Natural Gas

Exterior

Garage Spaces 6.0

Water Access N

Accessibility None

Total Parking Spaces 6

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Camden City Schools

Others

Tax ID 26-00053-00012

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)
Patrick Gorman
Patrick Gorman

Team Leader - Licensed Agent in NJ/PA | License ID: NJ- 0340986 PA - RS375085

+1(609) 707-5024 | patrick.gorman@gormangrouprealtors.com

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617 NEWTON AVE