222 CYPRESS AVE, Oaklyn, NJ 08107
222 CYPRESS AVE, Oaklyn, NJ 08107
222 CYPRESS AVE, Oaklyn, NJ 08107
222 CYPRESS AVE, Oaklyn, NJ 08107
222 CYPRESS AVE, Oaklyn, NJ 08107
222 CYPRESS AVE, Oaklyn, NJ 08107
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Listed by Garrett Smith • Opus Elite Real Estate
$ 399,999
Est. payment | /mo

1,686 SqFt


Save
$ 399,999
Est. payment | /mo
Save

1,686 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,686 sqft

Price per Sqft $237

Subdivision Bluebird

MLS Listing ID NJCD2126812

Style Other

Abv Grd Liv Area 1,686

Year Built 1900

Available Date 2026-09-16

Annual Tax Amount $9,091

Tax Year 2025

Lot Size 7,501 Sqft

Acres 0.17

Property Sub-Type Detached

Source BRIGHT

Property Description

Excellent investment opportunity! This fully occupied four-unit multifamily property offers strong existing rental income and immediate income-producing potential from day one.

Each unit features its own private kitchen and bathroom, with separate electric service for each apartment. The property has four individual electric meters for the units, plus a separate house electric meter, helping keep tenant utility usage clearly separated.

Unit 1 features 2 bedrooms, 1 full bath, its own kitchen, central air and heat, and private access directly from the front porch. Units 2, 3, and 4 each offer 1 bedroom, 1 full bath, their own kitchen, electric baseboard heat, and access through the side entrance along the driveway side of the property.

A shared washer and dryer are located in the basement for tenant use.

The landlord currently pays water, approximately $160 per quarter, and sewer, approximately $279 per quarter. Electric service is separately metered for each unit.

With all four units currently occupied and producing approximately $43,284 in gross annual rental income, this property presents an excellent opportunity for an investor looking to add a strong multifamily asset to their portfolio. Based on the current asking price, current rents, and known operating expenses, the property reflects an approximate 7.6% cap rate.

Four occupied units, separate electric meters, individual kitchens, established rental income, and immediate cash flow make this a property worth a serious look. Schedule your showing today!

Location

State NJ

County Camden

Area Woodlynne Boro (20437)

Zoning R

Rooms

Basement Other, Combination

Interior

Hot Water Electric

Heating Baseboard - Electric, Central

Cooling Central A/C, Window Unit(s)

Fireplace N

Heat Source Electric, Natural Gas

Exterior

Garage Spaces 3.0

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 3

Garage N

Private Pool No

Building

Foundation Other

Above Ground Finished SqFt 1686

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Collingswood Borough

Others

Tax ID 37-00704-00002

Ownership Fee Simple

SqFt Source 1686

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Dave Sulvetta

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(856) 889-8163

[email protected]

900 Route 168 Bldg. H, Turnersville, NJ 08012

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222 CYPRESS AVE