3022 Haddonfield Rd - Apartments FOR SALE


Pennsauken, NJ 08110- Camden/Pennsauken
$1,150,000 USD
856-858-2200
3022 Haddonfield Rd, Pennsauken, NJ for Sale
$1,150,000 USD
Apartments - FOR SALE
1/75
null | 7.4% Cap Rate

3022 Haddonfield Rd
Pennsauken, NJ 08110
Camden/Pennsauken


HIGHLIGHTS

  • Situated in a central location, this property is within just minutes of various major roads & bridges with easy access to Philadelphia!
  • Produce steady income with Fully occupied units. An all-time high rental market curates the prime time to invest!
  • Each unit provides central AC as well as their own washer/dryer & access to private parking with plenty of spaces for each resident.

OVERVIEW

Discover an outstanding investment opportunity with this well-maintained 8-unit property offering both value and versatility! The property features six fully-rented residential apartments (x5 2BD/1BTH and x1 1BD/1BTH) as well as two expansive garages/storage units, each with rolling garage doors. Currently generating 10k in monthly rental income with potential for increased revenue. Each apartment unit offers central AC, separate gas & water & private washer/dryer to ensure comfort and convenience for the tenants. Ample private off-street parking is also provided. Located in Pennsauken, the property offers convenient access to both South Jersey & Philadelphia, creating an attractive option for renters. Situated right on the border of Pennsauken & Cherry Hill - enjoy the benefits of Cherry Hill without paying their high taxes! You truly can't beat the ease of being less than three miles from the Betsy Ross Bridge. The area delivers an affordable lifestyle without sacrificing access to both suburban & city living. This multifamily property represents incredible investment prospects with high demand, low vacancy rates and ever-growing possibilities for appreciation. The possibilities afforded by this property are endless, truly making it an excellent addition to any portfolio! **Please reach out to listing agent to schedule - appointment must be confirmed by 6p the day before. Group showings ONLY. The next proposed Group Showing (not an open house), will be Wed (2/19) @ 4p.**

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$138 USD /SF

# OF UNITS

8

PRICE/UNIT

$143,750

CAP RATE

7.4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

-

APN/PARCEL ID

27-03601-0000-00004

ASK ABOUT THIS PROPERTY

Patrick GormanKeller Williams Main Street RealtyMore Info
856-858-2200

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Patrick GormanKeller Williams Main Street RealtyMore Info
856-858-2200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.