930 22nd St Camden, NJ 08105
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.