Bought with Richard Mauriello Jr. • RE/MAX Community-Williamstown
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Key Details
Sold Price $1,275,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $127
MLS Listing ID NJCD2080978
Sold Date 03/14/25
Originating Board BRIGHT
Year Built 1975
Annual Tax Amount $18,453
Tax Year 2024
Lot Size 0.287 Acres
Acres 0.29
Lot Dimensions 100.00 x 125.00
Property Sub-Type Five Or More Units
Property Description
10-Unit Apartment Complex – Excellent Investment Opportunity! This well-maintained 10-unit apartment complex offers a fantastic investment opportunity for those seeking steady cash flow in a prime location. Comprising 10 spacious 1-bedroom, 1-bathroom units, this property is fully leased and in excellent condition. Each unit features bright interiors, and functional layouts, making them highly desirable to tenants. The complex is meticulously cared for with regular maintenance, ensuring the property remains in top-notch shape. Tenants enjoy a comfortable living environment with easy access to local amenities, public transportation, and nearby attractions. This apartment complex is a turnkey investment, offering immediate cash flow and long-term potential. Whether you're an experienced investor or new to real estate, this property presents a solid addition to any portfolio. Property is being sold As-Is
Location
State NJ
County Camden
Area Berlin Boro (20405)
Zoning C-3
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Wall Unit
Heat Source Natural Gas
Exterior
Garage Spaces 11.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 11
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Berlin Township Public Schools
Others
Tax ID 05-01002-00002
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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The John Patrick & Patrick Williams Team
Director of Operations | License ID: RM423959
Director of Operations License ID: RM423959