$52,000
$56,500
8.0%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
819 SqFt
SOLD DATE : 01/08/2021
Key Details
Sold Price $52,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 819 sqft
Price per Sqft $63
Subdivision Lanning Square
MLS Listing ID NJCD402526
Sold Date 01/08/21
Style Traditional
Bedrooms 2
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 819
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $693
Tax Year 2020
Lot Size 957 Sqft
Acres 0.02
Lot Dimensions 11.00 x 87.00
Property Description
Come and see this completely renovated 2 bedroom row home in desirable Lanning Square within a couple blocks of Cooper University and Cooper Medical School of Rowan University, Placed in the heart of Camden's booming redevelopment. As well as many of the recent and on-going revitalized areas of Camden City...such as the Cooper University Medical Center , MD Anderson Center, Rutgers Medical Center, world-renown Corielle Institute, Adventure Aquarium, the BB&T Center, The Battleship NJ, the Marina, Rutgers University, Rutgers Law School and School of Business, City Hall, the Court House as well as the Walter Rand Transportation Center, the Patco Speedline for easy access to Philadelphia attractions, and NJ Light Rail Line that gets you to points heading North, the ever growing Camden Water Front with all it continues to offer and so much more. The current subsidized rent is 949/month, which makes this a great turnkey investment. Current owner is willing to obtain the Certificate of Occupancy and other city approvals to help ease the transition to the new owner. Current owner has a property management contract which can be assigned to the new owner which can make this a truly hands off "set it and forget it" investment. At this price you enjoy an excellent ROI, with little to no effort. Whether you work at cooper or are a savvy investor looking for a turn key property with immense intrinsic value, this house is for you.
Location
State NJ
County Camden
Area Camden City (20408)
Zoning RES
Rooms
Basement Full
Interior
Hot Water Natural Gas
Cooling None
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Camden City Schools
Others
Senior Community No
Tax ID 08-00388-00077
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Patrick M Gorman • BHHS Fox & Roach - Haddonfield
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "