Up-and-Down Duplex with
301 Richey Avenue Oaklyn, NJ 08107
301 Richey Avenue, Oaklyn, NJ, 08107
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For Sale
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Pending
Move-in ready corner-lot duplex with two updated 2BR/1BA units, off-street parking, and expansion potential.
Days on Market102
Property Features for 301 Richey Avenue
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing agency
BHHS Fox & Roach Vineland
Listed by
Scott Sheppard · License #NJ-0122062
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 3:28AM Checked: Jul 21 at 3:28AM
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Investment Insights
Based on property information with market context.
Move-in ready, cash-flowing up-and-down duplex on a corner lot offering 4+ off-street parking spaces. Both units include 2 bedrooms and 1 full bath, with the bottom unit also featuring a bonus room that can serve as an office, additional living space, or a third bedroom. The bottom unit includes an open concept living area with an eat-in kitchen, along with access to an unfinished basement and a deck off the back door.
The top unit has been recently updated with refinished hardwood floors, fresh paint, and a new kitchen and bathroom featuring ceramic tile. Additional space is available through room-for-expansion opportunities, including an unfinished walk-up attic that can be finished into a master suite; approximately 400+/- unfinished square feet are noted for this purpose, and the city has already provided approval.
Current operating details include the bottom unit paying $1,000/month while splitting utilities with the landlord, and the top unit having potential to rent for around $1,500/month. Finishing the third level is also described as a way to increase rental income further and support additional cash flow.
The top unit has been recently updated with refinished hardwood floors, fresh paint, and a new kitchen and bathroom featuring ceramic tile. Additional space is available through room-for-expansion opportunities, including an unfinished walk-up attic that can be finished into a master suite; approximately 400+/- unfinished square feet are noted for this purpose, and the city has already provided approval.
Current operating details include the bottom unit paying $1,000/month while splitting utilities with the landlord, and the top unit having potential to rent for around $1,500/month. Finishing the third level is also described as a way to increase rental income further and support additional cash flow.
Key Highlights
- Corner‑lot duplex with two 2BR/1BA units and 4+ off‑street parking spaces
- Top unit recently updated with refinished hardwood floors, fresh paint, and new kitchen and bathroom (ceramic tile)
- Top unit has expansion potential, plus an unfinished walk‑up attic that may be finished into a master suite (about 400+/- unfinished SF; city approval indicated)
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Move-in ready corner-lot duplex with two updated 2BR/1BA units, off-street parking, and expansion potential.
Where is this duplex located?
The property is located at 301 Richey Avenue Oaklyn, NJ.
What are key features of this property?
This property features: Corner‑lot duplex with two 2BR/1BA units and 4+ off‑street parking spaces; Top unit recently updated with refinished hardwood floors, fresh paint, and new kitchen and bathroom (ceramic tile); Top unit has expansion potential, plus an unfinished walk‑up attic that may be finished into a master suite (about 400+/- unfinished SF; city approval indicated)