$170,000
- Beds
- 3
- Baths
- 1.5
- sq ft
- 1,454
1226 Magnolia Ave, Camden, NJ 08103
1226 Magnolia Ave
CAMDEN, NJ 08103
- 24 days on market
Discover a prime CASH FLOWING INVESTMENT OPPORTUNITY! with "The Horn of Plenty" on Magnolia Ave , a tenant-occupied property generating steady income. This traditional brick townhouse, a staple of Camden’s Parkside historic charm, offers immediate landlord potential with an $800/month paying tenant whose lease is secure until December 31st, 2024.
Key Features:
Tenant Occupied: Enjoy immediate rental income from reliable tenants who consistently pay on time.
Recent Updates: New flooring, a modern hot water heater, furnace, and updated roof and gutters ensure minimal maintenance costs.
Spacious Layout: The home boasts 3 bedrooms and 1.5 bathrooms, offering ample space for tenants. The finished basement provides extra living or storage space.
Charming Interior: Warm, chestnut-like flooring and a cozy interior create an inviting atmosphere that tenants love.
Outdoor Space: A spacious backyard offers room for relaxation or further enhancement to increase property value.
Potential for Modernization: While the home is move-in ready, there’s still room for additional renovations to increase its appeal and rental value.
Perfect for investors looking to step into a stable rental market with a property that has both historical charm and modern comforts. Don't miss this chance to expand your portfolio with a property that promises both immediate returns and long-term value.
Essentially Estate Sale. Buyer's are responsible of obtaining CCO and Fire Certification from the City of Camden.
Details
Property type
Duplex
Lot size
1,568 sq ft
Price per sq ft
$117
Year built
1920
Annual property taxes
$2,883
HOA
No
Price History
09/04/2024
Bright #NJCD2075400
Listed
$170,000
Schools & Community
Neighborhood:
Parkside
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
School district:
CAMDEN CITY SCHOOLS
Status: Active
Tomo last checked: 09/28/2024 at 6:25 PM
Listing updated: 09/19/2024 at 9:47 PM
Listed by: Joseph L Wanamaker, Keller Williams Realty - Moorestown Phone #: (856) 316-1100
MLS: Bright #NJCD2075400
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