1052 Kenwood Ave Camden, NJ 08103
- Residential income homes
- 1,088 SF
- 0.03 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 1052 Kenwood Ave
- Year built
- 1920
- Lot size
- 0.03 lot acres
- Property size
- 1,088 SF
- Property type
- Residential income homes
- APN
- 0408_1284_13
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Camden
- County
- Camden
- State
- New Jersey
- Longitude
- -75.1048567
- Latitude
- 39.9354802
