Description
Investor opportunity – income-producing 4br/2ba rental with long-term tenant
this spacious 4-bedroom, 2-bathroom property offers 2,140 sq. ft. of living space with a solid foundation and excellent value-add potential. currently rented at $1,950/month to a long-term section 8 tenant who has occupied the home for over 10 years and wishes to remain, this investment provides guaranteed income and minimal vacancy risk.
features include a large kitchen with white cabinetry and granite countertops, updated bathrooms, and generously sized living areas. while the property may benefit from some finishing touches, it presents strong upside for appreciation or increased rental value.
with annual taxes of $6,484 and priced at $295,000, the estimated cap rate is approximately 6.3%. conveniently located near parks, shopping centers, and major highways, this property offers a stable, income-generating asset with long-term potential in a growing rental market.
Property Type
ResidentialSubdivision
None AvailableCounty
CAMDENStyle
ColonialAD ID
49240954
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 4
- Master Bedroom Level: 1
- Total Bedroom (Upper): 3
- Bedroom Upper Level 1: 3
Bathroom Information
- Total Baths: 2
- Full Baths: 2
- Half Baths: 0
Water/Sewer
- Water Source : Public
Interior Features
- Basement Description: Unfinished
Heating & Cooling
- Cooling: Central A/C
- Heating: Forced Air
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1985
- Structure: Detached
- New Construction: No
- Built: 1985
- Construction Material: Frame
- Foundation/Basement: Block
- Architecture: Colonial
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 5,001
- Dimensions: 50.00 x 100.00
- Lot Size (Acres): 0.11
- Architectural Style: Colonial
- Main Square Feet: 5,001
Property Information
- SQ ft: 2,140
- SQ ft (Living Area): 2,140
- Total Lot SQ ft: 5,001
- Subdivision: NONE AVAILABLE
- Financing: Cash,Conventional,FHA
- Appx. Lot Dimensions: 50.00 x 100.00
- Total Acreage: 0.11
- New Construction: No
- Type: Colonial
-
Listing Information
Listing Information
- Possession: Settlement,Subject to Existing Lease,Negotiable
- Days Of Market: 10
Lease Information
- Lease Considered: No
-
Taxes / Assessments
Tax Information
- Annual Tax: $6,483
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Settlement,Subject to Existing Lease,Negotiable
Assessment Information
- Taxes Assessment Amount: $143,700
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: Driveway
Multi-Unit Information
- Acceptable Financing: Cash,Conventional,FHA
Homeowners Association Information
- Direction: Berlin Rd to Smith Terrace
-
School, Utilities & Location Details
School Information
- School District: CLEMENTON BOROUGH PUBLIC SCHOOLS
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
Location Information
- Direction: Berlin Rd to Smith Terrace
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BuyOwner last updated this listing 04/15/2025 @ 01:50
- MLS: NJCD2089670
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Home, with 4 bedrooms which is for sale, it has 2,140 sqft, 5,001 sized lot, and 0 parking. are nearby neighborhoods.