611 N 2nd St - Apartments FOR SALE


Camden, NJ 08102- Cooper Point
$425,000 USD
856-858-2200
611 N 2nd St, Camden, NJ for Sale
$425,000 USD
Apartments - FOR SALE
1/61
null | 10.05% Cap Rate

611 N 2nd St
Camden, NJ 08102
Cooper Point


HIGHLIGHTS

  • seller to provide DCA
  • excellent income generating opportunity
  • unbeatable location with easy access to Philadelphia

OVERVIEW

INCREDIBLE investment opportunity located in the historic Cooper Point section of BOOMING Camden!!! Situated less than a block away from Rutgers University & the Ben Franklin Bridge! Property features x5 residential units & x3 garage units being used for storage. Unit A is an efficiency apartment currently being rented thru 2/28/25 for $850/mo. Unit B is a 1BD/1BTH currently being rented thru 10/31/25 for $750/mo. Unit C is a 3BD/1BTH currently being rented thru 4/30/25 for $1,200/mo. Unit 1 is an efficiency apartment currently being rented thru 12/31/25 for $700/mo. Unit 2 is a 1 BD/1BTH and is currently vacant. Garage units A & B are currently being rented on a month-to-month term for $200/mo. Garage unit C is currently being rented thru 12/31/25 for $200/mo. The property promises immense intrinsic value with the ongoing development and revitalization in this specific section of Camden. Contact us to schedule a showing today, you definitely don't want to miss it!!! **Please schedule online - appointment must be confirmed by 6p the day before. Group showings ONLY. The next proposed Group Showing (not an open house), Tues 2/25 @ 1:00p.**

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$138 USD /SF

# OF UNITS

8

PRICE/UNIT

$53,125

CAP RATE

10.05%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

-

APN/PARCEL ID

08-00044-0000-00077

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.