Southern New Jersey and Surrounding Areas

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115 N 3rd Street
Camden, NJ 08102
MLS# NJCD2035238 ID: 78136106
Property Description
Commercial - CAMDEN, NJ LOCATION, LOCATION!!! LOCATION!!! INVESTOR ALERT. Rare opportunity to buy 20 unit Rutger University Portfolio consisting of two ten unit buildings a half a block to Rutgers University Campus. You cant get much closer than this. True Pro Forma at its best. Both buildings have immense intrinsic vale and the opportunity to turn these Building into the cash flow king it should be. Rents could and should be much higher than they presently are. Opportunity to do upscale Student housing. Seller recently acquired 119 N 3rd St making it possible to try to combine both driveways in between the 115 N 3rd and 119 N 3rd in order to maximize parking. 119 Has Commerical sore front on first floor. 115 N 3rd St Consists of 8 2bedroom units and 2 One bedroom units. 119 N 3rd St consists of 1 Commerical Store front on first floor, 3 Studio apartments and 6 One bedroom units. Schedule your private tour today!!! Current rent roll and expenses will be attached as a document. Both Buildings are being sold as a package for $2,000,000. MLS for 119 N 3rd is NJCD2035242
Property Features
Days On Market 183 days
Last Updated March 21, 2023
Market Status Available
Property Type Commercial
Year Built 1960
Approx. Lot Size .09 Acres
Building Features
Heating System Radiator
Exterior Features
Exterior Construction Brick
Parking 2 spaces
Taxes 16186
Listing Features
Property Type Commercial;
Offered By:
Patrick Gorman
Main Street Realty

Data Provided by Bright MLS