617 NEWTON AVENUE, OAKLYN, NJ 08107

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THB ฿23,991,021
USD $715,000
Published on: 17 Feb 2025
Last updated on: 17 Feb 2025
617 NEWTON AVENUE, OAKLYN, NJ 08107
617 NEWTON AVENUE, OAKLYN, NJ 08107
617 NEWTON AVENUE, OAKLYN, NJ 08107
+131
617 NEWTON AVENUE, OAKLYN, NJ 08107
  • 131
Property ID: 110097505780
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Traditional, Detached - OAKLYN, NJ

617 NEWTON AVENUE, OAKLYN, NJ 08107
PRIME INVESTMENT OPPORTUNITY SITUATED ON A QUIET CORNER LOT IN OAKLYN!!! Don't miss this staggering x6 unit building featuring x4 2BD/1BTH units & x2 1BD/1BTH units along with a private basement & spacious private parking lot! Units are filled with an abundance of natural light & brimming with historic charm as well as updated touches & upgrades. Brand new high efficiency heater with separate electric & gas. Tenants are responsible for electric & gas, the landlord is responsible for water & heat. Property is currently generating 7k/mo in rental income with room for tremendous growth. Whether you are a savvy investor looking to add SIX quality doors to your portfolio or an owner-occupant buyer living in either one of the 1 or 2 bedroom units while letting the tenants pay your mortgage AND still generating positive cash flow - then this incredible value add is for you! **Offer memorandum w/ rent roll & financials attached in Bright documents.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
971.25 m2
Building Size
561.32 m2
Year Built
1935
Architecture Style
New Traditional
County
CAMDEN
Provider
Bright MLS
Brokerage Office Name
Please Contact Listing Office
Brokerage Office Phone
(856) 547-5678
Neighbourhoods
OAKLYN BORO
Address
617 NEWTON AVENUE, OAKLYN, NJ 08107
Contact Agent
Patrick Gorman
Keller Williams - Main Street
983 Haddon AVENUE, Collingswood, NJ 08108
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Patrick Gorman
983 Haddon AVENUE, Collingswood, NJ 08108
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      Property ID: 110097505780

      Data provided by Bright MLS, MLS #: NJCD2085252
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