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611 N 2 Nd St

$425,000

611 N 2 Nd St, Camden, NJ 08102

Active
Last Updated: 05/12/2025

10

Cap Rate

42,720

NOI

Details:
Cap Rate:    10%
NOI:    $42,720
Building Size:    3,086 sqft
Year Built:    1920
Price Per Sqft:    $137.72
Zoning:    RES
Highlights:
  • Days on Market: 218
  • Heating: Radiator
Description:

INCREDIBLE investment opportunity located in the historic Cooper Point section of BOOMING Camden!!! Situated less than a block away from Rutgers University & the Ben Franklin Bridge! Property features x5 residential units & x3 garage units being used for storage. Unit A is an efficiency apartment currently being rented thru 2/28/25 for $850/mo. Unit B is a 1BD/1BTH currently being rented thru 10/31/25 for $750/mo. Unit C is a 3BD/1BTH currently being rented thru 4/30/25 for $1,200/mo. Unit 1 is an efficiency apartment currently being rented thru 12/31/25 for $700/mo. Unit 2 is a 1 BD/1BTH currently being rented thru 7/31/25 for $900/mo. Garage units A & B are currently being rented on a month-to-month term for $200/mo. Garage unit C is currently being rented thru 12/31/25 for $200/mo. The property promises immense intrinsic value with the ongoing revitalization in the city. Contact us to schedule a showing today, you definitely don't want to miss it!!!

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