Fully Occupied Multifamily Investment
503 DELAIR AVENUE, Pennsauken, NJ 08110
Tenant-occupied multifamily property near Betsy Ross Bridge with income potential.
Type:Multi Family
Property size:
3,000 SFLot size:
0.17 AcresPrice / SF:
$500/SF- Added:
- Dec 1, 2023
- Days on Market:
- 902
- Last Refresh:
- May 19 at 9:27 pm
Property Features for 503 DELAIR AVENUE
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.17 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1910
Listing agent Patrick M Gorman License #340986 (856) 200-8320
Listing office Keller Williams - Main Street (856) 200-8320
Listing date Dec 1, 2023
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams - Main Street
HighLights
- Fully occupied with 12 one‑bedroom units and 1 two‑bedroom unit, providing immediate rental income
- Recently redone basement with new concrete floors offers ample storage space
- Convenient location near major highways provides easy access to Philadelphia
- Landlord will provide DCA (Department of Community Affairs) with the sale
- Pennsauken does not require annual registration with the city, simplifying landlord responsibilities
- Offer memorandum with rent roll available in Bright documents
Overview
This is an investment opportunity featuring twelve one-bedroom units and one two-bedroom unit, all currently tenant-occupied. The property is located on a quiet street near the Betsy Ross Bridge. The basement has been recently renovated with new concrete floors and offers ample storage space. The location provides convenient access to major highways for commuters traveling into Philadelphia. The landlord will provide a DCA with the sale. Pennsauken does not require annual registration with the city, only a DCA, which was completed earlier last year. The property size is 3000 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Pennsauken
- County
- Camden
- State
- New Jersey
- Longitude
- -75.054304
- Latitude
- 39.978668
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Tenant-occupied multifamily property near Betsy Ross Bridge with income potential.
Where is this apartment building located?
The property is located at 503 DELAIR AVENUE Pennsauken, NJ.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Fully occupied with 12 one‑bedroom units and 1 two‑bedroom unit, providing immediate rental income; Recently redone basement with new concrete floors offers ample storage space; Convenient location near major highways provides easy access to Philadelphia
