3069 River Rd and 1013 N 31st
$1,950,000
3069 River Rd and 1013 N 31st, Camden, NJ 08105
7
Cap Rate
7,498 sqft
Building Size
Details:
Highlights:
- Days on Market: 37
- Heating: Forced Air
Description:
Proud to present a rare opportunity to acquire 3069 River Road and 1013 N 31st Street in Camden, New Jersey — two income-producing properties offering diversified revenue streams and strong upside potential. 3069 River Road is a turnkey, mixed-use commercial asset featuring a fully operational, solar-powered laundromat equipped with 24 commercial-grade washers and 26 dryers. This established, high-traffic business provides immediate cash flow with room for operational growth. The property also includes multiple flexible office spaces suitable for professional services, co-working, or boutique businesses, along with a spacious two-bedroom, two full-bath apartment on the second floor that generates additional income or can serve as on-site manager housing. Included in the offering is 1013 N 31st Street (Tax ID #08-00922-00046), a 1,500-square-foot single-family home featuring three bedrooms, two bathrooms, a functional layout, and a private rear yard. Located near schools, shopping, public transportation, and major highways, it benefits from steady rental demand and convenient access to Philadelphia and surrounding areas.
Positioned in a high-demand Camden corridor experiencing continued redevelopment and demographic growth, this portfolio offers a projected pro forma cap rate of 8–10%, market-rate rent potential, and long-term appreciation. Whether you are seeking business ownership, portfolio diversification, or value-add upside, this combined offering presents a compelling investment opportunity. Contact us for financials, Pro Forma projections, or to schedule a private tour.
Location
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