1226 Magnolia Avenue Camden, NJ 08103

$170,000
3
Beds
1.5
Baths
0.04
Acres
1,454
SQFT
117
$/SQFT
$170,000
3
Beds
1.5
Baths
1,454   sf
$117 / sf
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active
1/25
Street View

Discover a prime CASH FLOWING INVESTMENT OPPORTUNITY! with "The Horn of Plenty" on Magnolia Ave , a tenant-occupied property generating steady income. This traditional brick townhouse, a staple of Camden’s Parkside historic charm, offers immediate landlord potential with an $800/month paying tenant whose lease is secure until December 31st, 2024.Key Features:Tenant Occupied: Enjoy immediate rental income from reliable tenants who consistently pay on time.Recent Updates: New flooring, a modern hot water heater, furnace, and updated roof and gutters ensure minimal maintenance costs.Spacious Layout: The home boasts 3 bedrooms and 1.5 bathrooms, offering ample space for tenants. The finished basement provides extra living or storage space.Charming Interior: Warm, chestnut-like flooring and a cozy interior create an inviting atmosphere that tenants love.Outdoor Space: A spacious backyard offers room for relaxation or further enhancement to increase property value.Potential for Modernization: While the home is move-in ready, there’s still room for additional renovations to increase its appeal and rental value.Perfect for investors looking to step into a stable rental market with a property that has both historical charm and modern comforts. Don't miss this chance to expand your portfolio with a property that promises both immediate returns and long-term value.Essentially Estate Sale. Buyer's are responsible of obtaining CCO and Fire Certification from the City of Camden.

Discover a prime CASH FLOWING INVESTMENT OPPORTUNITY! with "The Horn of Plenty" on Magnolia Ave , a tenant-occupied property generating steady income. This traditional brick townhouse, a staple of Camden’s Parkside historic charm, offers immediate landlord potential with an $800/month paying tenant whose lease is secure until December 31st, 2024.Key Features:Tenant Occupied: Enjoy immediate rental income from reliable tenants who consistently pay on time.Recent Updates: New flooring, a modern hot water heater, furnace, and updated roof and gutters ensure minimal maintenance costs.Spacious Layout: The home boasts 3 bedrooms and 1.5 bathrooms, offering ample space for tenants. The finished basement provides extra living or storage space.Charming Interior: Warm, chestnut-like flooring and a cozy interior create an inviting atmosphere that tenants love.Outdoor Space: A spacious backyard offers room for relaxation or further enhancement to increase property value.Potential for Modernization: While the home is move-in ready, there’s still room for additional renovations to increase its appeal and rental value.Perfect for investors looking to step into a stable rental market with a property that has both historical charm and modern comforts. Don't miss this chance to expand your portfolio with a property that promises both immediate returns and long-term value.Essentially Estate Sale. Buyer's are responsible of obtaining CCO and Fire Certification from the City of Camden.

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Camden
  • Area
    Camden City
  • Tax Amount
    $2,883
  • Status
    Active
  • Listing #
    NJCD2075400
  • Built
    1920
  • Lot Size
    0.04
  • Listed on site
    15 days
  • Listing Agent Id
    304614515961

Listed by:
Keller Williams Realty - Moorestown

Source:
BRIGHT MLS

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Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
  • Basement

Interior Features

  • Central Air Conditioning
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