1557 Mount Ephraim Ave - Apartments FOR SALE


Camden, NJ 08104- Liberty Park
$285,000 USD
856-534-4238

NO PHOTO

$285,000 USD
Apartments - FOR SALE
null | Request Cap Rate

1557 Mount Ephraim Ave
Camden, NJ 08104
Liberty Park


OVERVIEW

"Investor Alert". Rehabbed, Mixed Use, Multi Units await you. Come tour this money maker in the Business district of Camden and finish the work. This can be your chance to own a space that you can rent to multiple Tenants and reap the rewards, You can divide up the spaces on the main floor or keep it as one unit. The Main Floor has a beautiful and long hallway leading to two separate doors. One is for the Upstairs 3 Bedroom apartment with a full kitchen and bath on your right and the other door leads you into two separate spaces. The first apartment has two bedrooms, a full kitchen and one full bath. The second apartment has 1 bedroom, a Living room, a full kitchen, outside access and a full Basement with two additional bedrooms or storage. The seller has all units at an almost finished state. New roof added in 2026. New water heater added in 2026 and services the entire building. All appliances are electric including the heat. The seller is selling AS IS. Buyer responsible for their own due diligence. Buyer responsible for the Certificate of Occupancy and any TWP or Municipal to close. Buyer will have to pull any and all permits for Plumbing and Electrical where needed. This property is located in a high traffic area and is a great place for rental income and tenants. Rents on average for a 2 bedroom is between 1200 to 1500. Rents for a 3 bedroom run between 1500 to 2,500. The seller has already incorporated your upfront cost and with just some finishing touches you can have a (NOI) Net Operating Income that takes care of you and the property.

FOR SALE DETAILS

PRICE

$285,000 USD

PRICE/SF

$190 USD /SF

# OF UNITS

3

PRICE/UNIT

$95,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

-

APN/PARCEL ID

08-00441-0000-00056

ASK ABOUT THIS PROPERTY

Carol TerrellKeller Williams Main Street RealtyMore Info
856-534-4238

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Carol TerrellKeller Williams Main Street RealtyMore Info
856-534-4238

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.