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322 Vine St Camden, NJ 08102

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For Sale
$2,300,000

Historic Firehouse, 10 Luxury Apartments, High ROI

Property size:
100,000 SF

Property Features for 322 Vine St

General Information

Property type
Residential income properties
Square Feet
100,000 SF
Lot Size
9,148 SF

Building Details

Year Built
2022

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Listing Contact
Patrick M Gorman
Patrick M Gorman

Listing Agency: Please Contact Listing Office Listing Agent: Patrick M Gorman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a fully renovated, 10-unit multifamily property located in Camden, NJ's desirable Cooper Point neighborhood. The building, a beautifully repurposed historic firehouse, boasts 10 spacious and modern one- and two-bedroom apartments, each meticulously updated in 2022. Each unit features fresh paint, new flooring, recessed lighting, an open floor plan, contemporary fixtures, in-unit laundry, and stainless steel appliances. Abundant natural light floods each apartment, enhancing their appeal. Individual utility meters provide efficient management. The property sits on a 0.21-acre lot and encompasses 100,000 square feet of living space. Residents enjoy the convenience of private gated off-street parking. Its prime location offers easy access to schools, universities, businesses, local attractions, and public transportation, including bus and train stations. The property's proximity to the Benjamin Franklin Bridge provides quick access to Philadelphia. Furthermore, this turnkey investment is situated within a designated Opportunity Zone, presenting significant tax advantages. This unique property offers a compelling cash-flow opportunity and represents a rare addition to any investment portfolio. The asking price is $2,300,000.
Property Profile Insight Report Location Intelligence

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Multifamily properties

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Location Insight

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  • Local Demand
City
Camden
County
Camden
State
New Jersey
Longitude
-75.12097
Latitude
39.95216

FAQs

What type of property is this?
Residential income property - Historic Firehouse, 10 Luxury Apartments, High ROI
Where is this residential income property located?
The property is located at 322 Vine St Camden, NJ.
What is the asking price?
The asking price for this property is $2,300,000.
More about this property
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