For Sale
$1,500,000

503 Delair Ave Pennsauken Township, NJ 08110

High-Yield Multifamily Investment in NJ

Overview

Added:
Dec 11, 2024
Days on market:
127

Highlights

  • $1,500,000 asking price for a 13-unit apartment building.
  • 7.30% cap rate with a $109,004 NOI.
  • 3,000 square feet on a 0.17-acre lot in Pennsauken Township, NJ.
  • 1920 construction with 1 building, 12 one-bedroom units and 1 two-bedroom unit.
  • Located near the Betsy Ross Bridge and major highways, offering easy access to Philadelphia.

Property Details for 503 Delair Ave

Property type
Apartment buildings
Square Feet
3,000 SF
Year Built
1920
Buildings
1
Lot Size (sq. ft)
7,405 SF
Units
13

Location Insight

City
Pennsauken Township
County
Camden
State
New Jersey
Latitude
39.978888904864
Longitude
-75.05448256644
503 Delair Ave, Pennsauken Township, New Jersey
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Apartment building - High-Yield Multifamily Investment in NJ
Where is the apartment building located?
The property is located at 503 Delair Ave Pennsauken Township, 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: $1,500,000 asking price for a 13-unit apartment building.; 7.30% cap rate with a $109,004 NOI.; 3,000 square feet on a 0.17-acre lot in Pennsauken Township, NJ.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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503 Delair Ave
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