1052 Kenwood Ave Camden, NJ 08103

This Camden, NJ investment opportunity presents a well-maintained, 1-unit townhouse currently leased, generating a strong rental income stream. The property boasts 1,088 square feet of living space, thoughtfully distributed across two levels. Inside, you'll find three bedrooms, one bathroom, and a functional basement, providing ample space for tenants. Adding to its appeal is a private backyard, enhancing tenant desirability. The property is situated in a high-demand rental area within Camden County, ensuring consistent occupancy and a stable income. With low property taxes, this investment offers an attractive return. The asking price is $154,990, representing a price per square foot of $142.45 and a cap rate of 8.39%. The Net Operating Income (NOI) is $13,000. Built in 1920, this property sits on a 0.029-acre lot and is zoned residential (APN: 0408_1284_13). This turnkey investment is perfect for adding to an existing portfolio or for first-time investors seeking immediate cash flow and long-term appreciation potential. The property is offered as a corporate ownership with no ground lease.