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    930 22Nd St Camden, NJ 08105

    For Sale
    $500,900

    High-Yield 11-Unit Rental Portfolio in Camden, NJ

    Property size:
    1 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional investment opportunity presents a rare chance to acquire a thriving mixed-use property located at 930 N 22nd Street, Camden, NJ. The property encompasses three separate lots and boasts a total of eleven rental units, generating substantial income. The portfolio includes ten efficient rental units, all currently leased, providing a consistent revenue stream. In addition to the efficient units, the property also features two houses: a two-bedroom ranch-style home and a one-bedroom house, both currently occupied by tenants. This diverse mix of rental units caters to a broad range of tenants, ensuring consistent occupancy and rental income. The property also includes a single-car garage, adding further value and utility. The 0.05-acre lot provides ample space for the existing structures and offers potential for future development or expansion, subject to local zoning regulations. The property's strong rental history and diverse unit mix make it an attractive investment for both seasoned and novice investors seeking a stable and profitable venture in a growing market. The asking price of $500,900 reflects the property's significant income potential and its prime location in Camden, NJ. Financial statements and lease agreements are available upon request. This is a turnkey investment opportunity ready to generate immediate returns.

    Property Features for 930 22Nd St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1 SF
    Lot Size
    2,178 SF

    Building Details

    Year Built
    2009
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Camden
    County
    Camden
    State
    New Jersey
    Longitude
    -75.09621
    Latitude
    39.95274

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    FAQs

    What type of property is this?
    Mixed-use property - High-Yield 11-Unit Rental Portfolio in Camden, NJ
    Where is this mixed-use property located?
    The property is located at 930 22Nd St Camden, NJ.
    What is the asking price?
    The asking price for this property is $500,900.
    (856) 665-1234
    Request Owner's contact information
    930 22Nd St Camden, NJ 08105
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    Camden, NJ 08105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    930 22Nd St Camden, NJ 08105
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