Views
Listed By:
Keller Williams Realty
Address
2624 Federal Street, Camden, NJ
Price
$ 1,250,000
Property Attributes
  • MLS#NJCD2061016
  • TypeCommercial
  • CountyCAMDEN
  • CityCamden
  • AreaCamden City
  • Zip08105
  • StyleApartment Building,Convenience Store/Gas,Day Care
  • Year Built1956
  • Taxes$ 17500
  • Price$ 1,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15000
  • Lot Size3,920 SqFt
Data Source:
Bright MLS
Property Description

Investor special!! This large multi-units for a total of 11 units (9 apartments + 2 store). The residential units on the 2nd and 3rd floor consist of a total of 9 units, each layout has a large 1 bedroom with closet space, spacious living room, full bathroom, hardwood floor, separated utilities, and heating system, and all had been renovated in 2019. There is a rear-fenced parking space that can fit 10 plus cars. Excellent location just minutes to downtown Philadelphia and the Ben Franklin Bridge with easy access to exit 4 of the NJ Turnpike. Solid investment property located just off Route 130 on the main Corridor of Camden city surrounded by other retailers with great visibility. Welcome to reach us for schedule showings and financial detail with 9% cap rate.

Price History
1/11/2024 Listed $1,300,000
3/11/2024 4% - $1,250,000

General Features

Sewer Public Sewer
Heating 90% Forced Air,Central
Cooling Central A/C,Window Unit(s)
Utilities Electric Available,Natural Gas Available,Phone Connected
Possession 0-30 Days CD,Immediate
Zoning MIXED USE
Security Features Exterior Cameras,Surveillance Sys
Construction Materials Brick,Block
Exclusions All commercials tenant (2) Business Assets,& 5 residential personal belongings.
Year Built 1956
View City
Property SubType Five Or More Units
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building,Convenience Store/Gas,Day Care Facility,Flex,Hair Salon and Spa,Medical,Professional,Storage,Supermarket/Grocery Store,Warehouse,Other
Accessibility 36 + wide Halls
County CAMDEN
New Construction No
Property Type Commercial Sale
Possible Use Apartments,Commercial,Convenience Store
Water Access Y/N No
Status ACTIVE
Directions Westfield and Federal Street
ModificationTimestamp 2024-04-19T14:53:00
City CAMDEN
Buyer Agent Compensation 2.5
Zoning Description 2 commercials and 5 residential apartments
MLS Area Camden City (20408)
Lot Size Square Feet 3920.40
Tax Assessed Value 42600.0
Waterfront Y/N No
Street Name FEDERAL
Tax Annual Amount 17500.0
Property Condition Good
Price Per Sq Ft 83.33
Acceptable Financing Cash,Conventional,Other
Historic Y/N No
Lease Considered Y/N No
Vacation Rental Y/N No
Days on Market 111
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Electric,Natural Gas
Hot Water Natural Gas
Total Stories 3
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N Yes

Exterior Features

Water Source Public
Total Parking Spaces 12
Type of Parking Parking Lot
Foundation Details Block,Concrete Perimeter
Water View Y/N No
Building Area Total 15000.00
Lot Dimensions 36.00 x 109.00
Lot Size Acres 0.09
Road Surface Type Concrete
Lot Size Units Square Feet
Lot Size Source Estimated
Door Features ENERGY STAR Qualified Door(s)
Road Responsibility City/County
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Estimated
Car Parking Spaces 12

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 08105

Price
AVG $600K
$1.25M
Taxes
AVG $5,889
$17,500
Visits
AVG 135
113
Data Provided by Inside Real Estate®
Year Built
AVG 1935
1956

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