312 N 40TH ST, Pennsauken, NJ 08110
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312 N 40TH ST, Pennsauken, NJ 08110
312 N 40TH ST, Pennsauken, NJ 08110
312 N 40TH ST, Pennsauken, NJ 08110
312 N 40TH ST, Pennsauken, NJ 08110
Listed by Patrick Gorman • Keller Williams - Main Street
Bought with NON MEMBER • Non Subscribing Office

$1,030,000

Est. payment /mo

$1,250,000

17.6%
Est.Price: ?

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312 N 40TH ST Pennsauken, NJ 08110

0.25 Acres Lot

SOLD DATE : 01/01/2025

Key Details

Sold Price $1,030,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NJCD2057708

Sold Date 01/01/25

Year Built 1920

Annual Tax Amount $14,083

Tax Year 2023

Lot Size 0.253 Acres

Acres 0.25

Lot Dimensions 110.00 x 100.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

**The next proposed Group Showing (not an open house), will be Wednesday 10/2 @ 3p.** Excellent investment opportunity!!! Property includes x10 1 Bedroom units. Features brand new water heaters, recently serviced furnaces & solar panels. Generate serious income AND save money on electricity while the solar panels power the property's common areas. Tenants also pay an additional $35/mo on water, cancelling out landlord's water/electric expenses with funds left over! Many of the units have undergone complete renovations including updated flooring, granite countertops & a stainless steel appliance package. Private resident parking lot out front. Access to shared laundry in the basement. Great opportunity for landlords as Pennsauken does not require annual registration with the city, only a DCA. This property is too good to miss, schedule a showing to check out this incredible cash-flow opportunity!

Location

State NJ

County Camden

Area Camden City (20408)

Zoning RES

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling None

Heat Source Natural Gas

Exterior

Garage Spaces 10.0

Water Access N

Accessibility None

Total Parking Spaces 10

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Pennsauken Township Public Schools

Others

Tax ID 08-01020-00038

Ownership Fee Simple

Special Listing Condition Standard

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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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