$170,000
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1226 Magnolia Avenue Camden, NJ 08103 Municipality: Camden City
Twin Home
Residence
3
Beds
2
Baths
1,454
Sq. Ft.
0.04
Acre
Lot
Property Activity
Time on Site
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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 Camdenâs 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, thereâs 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.
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MLS#
NJCD2075400
Property Type
Twin Home
Bedrooms
3
Bathrooms
1 Full/1 Half
Year Built
1920
Square Feet
1,454
sq. ft
Price per Sq. Ft.
$116.92
Lot Size
0.04
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