Seven-Unit Residential Income
867 COOPER STREET Deptford, NJ 08096
867 COOPER STREET, Deptford, NJ, 08096
$700,000
Pending
For Sale
$700,000
Pending
Seven units include studios and one- and two-bedroom layouts, with basements and recently replaced roofing.
Days on Market461
Property Features for 867 COOPER STREET
General Information
- Standard status
- Pending
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1950
Listing agency
Realty Solutions LLC
(856) 906-5555
Listed by
Jeff D DeLoach
(856) 906-5555
Source
Exitrealty
Added: Apr 17, 2025 Updated: Jul 20 at 9:43PM Checked: Jul 21 at 4:32AM
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 Realty Solutions LLC
Investment Insights
Based on property information with market context.
This seven-unit residential income building features four studio units, one one-bedroom unit, and two two-bedroom units. One of the two-bedroom units includes two bathrooms, while the remaining units have one bathroom. The property includes basements, and all mechanicals are in place. The building has been left empty and clean by the current landlord.
Roofing has been replaced within the past five years. The seller indicates that five of the seven leases are set to expire this year, and the leases include flat rates for utilities. Gross annual income is approximated at $85,000.
Professional property management is provided by Realty Solutions, with services described as transferable to a new owner. A 2024 P&L sheet is available upon request.
Roofing has been replaced within the past five years. The seller indicates that five of the seven leases are set to expire this year, and the leases include flat rates for utilities. Gross annual income is approximated at $85,000.
Professional property management is provided by Realty Solutions, with services described as transferable to a new owner. A 2024 P&L sheet is available upon request.
Key Highlights
- 7‑unit apartment building (4 studios, 1 one‑bedroom, 2 two‑bedrooms; one 2‑bedroom has 2 bathrooms)
- Fully tenant occupied with approx. $85,000 gross annual income; leases include flat‑rate utilities
- Five of seven leases expire this year, with 5 leases stated as having potential rent raises closer to market value
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FAQs
What type of property is this?
Apartment building - Seven units include studios and one- and two-bedroom layouts, with basements and recently replaced roofing.
Where is this apartment building located?
The property is located at 867 COOPER STREET Deptford, NJ.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 7‑unit apartment building (4 studios, 1 one‑bedroom, 2 two‑bedrooms; one 2‑bedroom has 2 bathrooms); Fully tenant occupied with approx. $85,000 gross annual income; leases include flat‑rate utilities; Five of seven leases expire this year, with 5 leases stated as having potential rent raises closer to market value
