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Will Alfaro

will@propertypeoplegroup.com +1(973) 219-5434

Listed by Carol Terrell • Keller Williams - Main Street

$ 200,000

Est. payment -/mo

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Active

3163 MERRIEL AVE Camden, NJ 08105

3 Beds

1 Bath

1,024 SqFt

UPDATED:

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,024 sqft

Price per Sqft $195

Subdivision Rosedale

MLS Listing ID NJCD2121742

Style Colonial

Bedrooms 3

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 1,024

Year Built 1930

Annual Tax Amount $1,279

Tax Year 2025

Lot Size 1,124 Sqft

Acres 0.03

Lot Dimensions 15.00 x 75.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Investor Alert! Strong cap rate and annual return opportunity here. This 2 bedroom 1 bathroom with a tenant already in place and generating solid rental income. The property can produce a annual NOI of approximately $21,800 making it an attractive addition to an investment portfolio. This property needs a rehab and is vacant. Bring your finishing touches and unlock even more potential. With routine upkeep. This income-producing rental is positioned to help you generate consistent monthly cash flow. This property is being sold as part of a larger portfolio with multiple locations throughout New Jersey. Buyers may be eligible for a discount when purchasing more than one property or acquiring the portfolio as a package deal. The seller can also offer creative financing options, including the potential to take over the existing mortgage on these rental properties. Ask about it before or after your tour. Located in a ever increasing , convenient area near local parks, eateries, and entertainment to enjoy from Philadelphia and New Jersey, This rental offers both investment appeal and stable long-term tenants that need housing. The seller is selling AS IS. All units are up to date with TWP CO's and housing where necessary. Seller would like the buyer to use his title company to purchase. Buyer responsible for their own Due Diligence before purchase. Don't miss this opportunity—schedule your showing today!

Location

State NJ

County Camden

Area Camden City (20408)

Zoning R2

Rooms

Basement Full

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling Ceiling Fan(s), Window Unit(s)

Inclusions All Appliances and Fixtures being transferred in their AS IS Condition.

Furnishings No

Fireplace N

Heat Source Natural Gas

Laundry Basement

Exterior

Garage Spaces 2.0

Water Access N

Roof Type Asphalt

Accessibility None

Total Parking Spaces 2

Garage N

Private Pool No

Building

Story 2

Foundation Concrete Perimeter

Above Ground Finished SqFt 1024

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Camden City Schools

Others

Senior Community No

Tax ID 08-01022-00059

Ownership Fee Simple

SqFt Source 1024

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

Will Alfaro

Broker Associate, CEO and Founder of The Property People License ID: REC# 0454178

+1(973) 219-5434

Will Alfaro

3163 MERRIEL AVE Camden, NJ 08105

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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3163 MERRIEL AVE