This semi-detached, tenant-occupied investment property offers immediate cash flow and a strong return with a 12% Net Operating Income (NOI). The home features two spacious bedrooms and one full bathroom, making it ideal for consistent rental demand. With tenants already in place, investors can enjoy income from day one. Located just down the street from Cooper University Hospital, Cooper Medical School of Rowan University, and a local middle school, and only minutes from Rutgers University, the property sits in a highly desirable, high-demand rental area. Public transportation is easily accessible, with the train station and bus terminal nearby. This is a fantastic opportunity to own a turnkey, income-generating property in one of Camden's most strategically located neighborhoods.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Heating and Cooling
- Heating Features: Forced Air
- Heating: Yes
Land Info
- Lot Size Acres: 0.01
- Lot Size Square Feet: 444
Garage and Parking
- Parking Features: On Street
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
- Senior Community: No
School Information
- School District: CAMDEN CITY SCHOOLS
Other Property Info
- Annual Tax Amount: 885
- Source Listing Status: Active
- County: CAMDEN
- Disclaimer: Standard
- Ownership: Fee Simple
- Source Property Type: Residential
- Property Subtype: townhouse
- Source Neighborhood: LANNING SQUARE
- Postal Code Plus 4: 2314
- Subdivision: LANNING SQUARE
- Township: CAMDEN CITY
Building and Construction
- Total Square Feet Living: 816
- Year Built: 1909
- Above Grade Finished Area: 816
- BelowGradeFinishedArea: 0
- Construction Materials: Frame, Stucco, Vinyl Siding
- Levels: 2
- Property Age: 116
- Levels or Stories: 2
- Structure Type: Twin/Semi-Detached
- Total Area Sqft: 816
- Architectural Style: Colonial
Accessibility Features