
LOCATION, LOCATION!!! LOCATION!!! INVESTOR ALERT. Rare opportunity to buy 20 unit Rutger University Portfolio consisting of two ten unit buildings a half a block from Rutgers University Campus. You cant get much closer than this. True Pro Forma at its best. Both buildings have immense intrinsic vale and the opportunity to turn these Building into the cash flow king it should be. Rents could and should be much higher than they presently are. Opportunity to do upscale Student housing. Seller recently acquired 119 N 3rd St making it possible to try to combine both driveways in between the 115 N 3rd and 119 N 3rd in order to maximize parking. 119 Has Commerical sore front on first floor. 115 N 3rd St Consists of 8 2bedroom units and 2 One bedroom units. 119 N 3rd St consists of 1 Commerical Store front on first floor, 3 Studio apartments and 6 One bedroom units. Schedule your private tour today!!! Current rent roll and expenses will be attached as a document. Both Buildings are being sold as a package for $2,000,000. MLS for 115 N 3rd is NJCD2032424
NJCD2032426
Single Family, Multi-Family, Traditional
CAMDEN
1960
0.08
Acres
Public
Brick
Public Sewer
5,300
Sq. Ft.
$179.25
9/20/2022 12:00:00 AM
School Information
CAMDEN CITY SCHOOLS
Interior Features
- Square FootageAbove / Below (approx)
- 5,300 Sq. Ft. Above Ground.
- Cooling
- None
- Heating
- Gas Heat. Radiant.
Exterior / Lot Features
- Exterior
- Brick
- Lot Dimensions
- 28.00 x 0.00
- Zoning
- APARTMEN
Financial Considerations
Fee Simple
08-00074-00013
$9,427
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