328 CHERRY ST, Camden, NJ 08103 | MLS NJCD2056204 | Listing Information | Berkshire Hathaway HomeServices Fox & Roach, REALTORS | Berkshire Hathaway HomeServices Fox & Roach, REALTORS
Off Market
$175,000  

328 CHERRY ST
Camden, NJ 08103

Business Opportunities
Commercial
0.03
Acres Lot
Courtesy: EXP Realty, LLC
Prime Investment Opportunity: Transform a Former Daycare into a Multi-Unit Apartment Complex!Nestled in the heart of Camden, an extraordinary real estate investment opportunity awaits. This property, once a thriving daycare facility, now offers a rare and potentially highly profitable venture - conversion into a multi-unit apartment complex or you have the option to continue to run it as a daycare as everything is already set up for you! What sets this property apart are the two included playground lots, presenting the unique opportunity to expand and construct additional residential units, a key to enhanced property value. While the current zoning is commercial, rest assured, the process to revert it to residential is a navigable path. This location enjoys a strong rental market, consistently in demand for quality residential units.With the potential for a diversified income stream from multiple residential units, your investment promises both stability and substantial profitability. Moreover, real estate often appreciates over time, making this property an ideal choice for long-term value growth. Don't miss out on this exceptional investment opportunity. Contact Jenna Merrill for more information today and set the wheels in motion to realize your vision of a thriving multi-unit apartment complex or daycare business!Please be aware that playground lots 324 and 326 Cherry St., Camden NJ 08103 are also included in the sale of this property.
NJCD2056204
Business Opportunities, Other
CAMDEN
1899
0.03 Acres
Public
Vinyl siding
Public Sewer,Public Septic
$168.92
Day Care,Commercial,Apartment Building,Flex Space,Mixed Use,Medical/Dental,Office,Professional Servi
10/13/2023 12:00:00 AM
School Information
CAMDEN CITY SCHOOLS
Interior Features
Cooling
Central Air
Heating
Gas Heat. Central.
Accessibility
2+ Access Exits.
Exterior / Lot Features
Exterior
Vinyl
Lot Dimensions
13.00 x 0.00
Zoning
COMMERCIAL
Financial Considerations
Fee Simple
08-00244-00016
$2,766
Includes microwave, toys, beds, tables, and chairs. Upstairs TV and everything in basement are also included.
Courtesy: EXP Realty, LLC
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 4/27/2024 5:42 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.