NJ > Oaklyn
Oaklyn, NJ 08107,617 NEWTON AVE
Oaklyn, NJ 08107,617 NEWTON AVE
Oaklyn, NJ 08107,617 NEWTON AVE
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Simone Velvel

Simone Velvel

+1(703) 507-7614
Listed by Patrick M Gorman • Keller Williams - Main Street
$715,000
Est. payment /mo
6,042 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 6,042 sqft

Price per Sqft $118

MLS Listing ID NJCD2085252

Style Traditional

Abv Grd Liv Area 6,042

Year Built 1935

Annual Tax Amount $15,411

Tax Year 2024

Lot Size 10,498 Sqft

Acres 0.24

Lot Dimensions 75.00 x 140.00

Property Sub-Type Detached

Source BRIGHT

Property Description

PRIME INVESTMENT OPPORTUNITY SITUATED ON A QUIET CORNER LOT IN OAKLYN!!! Don't miss this staggering x6 unit building featuring x4 2BD/1BTH units & x2 1BD/1BTH units along with a private basement & spacious private parking lot! Units are filled with an abundance of natural light & brimming with historic charm as well as updated touches & upgrades. Brand new high efficiency heater with separate electric & gas. Tenants are responsible for electric & gas, the landlord is responsible for water & heat. Property is currently generating around 6k/mo in rental income with one vacant unit & room for tremendous growth. Whether you are a savvy investor looking to add SIX quality doors to your portfolio or an owner-occupant buyer living in either one of the 1 or 2 bedroom units while letting the tenants pay your mortgage AND still generating positive cash flow - then this incredible value add is for you! **Offer memorandum w/ rent roll & financials attached in Bright documents. The next proposed Group Showings (not an open house), will be Mon (8/18) @ 1p & Wed (8/27) @ 4p**

Location

State NJ

County Camden

Area Oaklyn Boro (20426)

Zoning RES

Rooms

Basement Partial

Interior

Hot Water Natural Gas

Heating Radiator

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Garage Spaces 6.0

Water Access N

Accessibility None

Total Parking Spaces 6

Garage N

Building

Foundation Permanent

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Camden City Schools

Others

Tax ID 26-00053-00012

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
agent-avatar

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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617 NEWTON AVE

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