Camden, NJ 08103,1226 MAGNOLIA AVE
Camden, NJ 08103,1226 MAGNOLIA AVE
Camden, NJ 08103,1226 MAGNOLIA AVE
Camden, NJ 08103,1226 MAGNOLIA AVE
Camden, NJ 08103,1226 MAGNOLIA AVE
Camden, NJ 08103,1226 MAGNOLIA AVE
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$ 150,000
Est. payment | /mo

3 Beds

2 Baths

1,454 SqFt


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$ 150,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,454 SqFt

Key Details

Property Type Single Family Home, Townhouse

Sub Type Twin/Semi-Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 1,454 sqft

Price per Sqft $103

Subdivision Parkside

MLS Listing ID NJCD2075400

Style Straight Thru

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 1,454

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $2,883

Tax Year 2023

Lot Size 1,568 Sqft

Acres 0.04

Lot Dimensions 16.00 x 0.00

Property Description

Discover a prime CASH FLOWING INVESTMENT OPPORTUNITY! with "The Horn of Plenty" on Magnolia Ave , a tenant-occupied property generating steady income. This traditional brick townhouse, a staple of Camden’s Parkside historic charm, offers immediate landlord potential with an $800/month paying tenant whose lease is secure until December 31st, 2024.

Key Features:

Tenant Occupied: Enjoy immediate rental income from reliable tenants who consistently pay on time.
Recent Updates: New flooring, a modern hot water heater, furnace, and updated roof and gutters ensure minimal maintenance costs.

Spacious Layout: The home boasts 3 bedrooms and 1.5 bathrooms, offering ample space for tenants. The finished basement provides extra living or storage space.
Charming Interior: Warm, chestnut-like flooring and a cozy interior create an inviting atmosphere that tenants love.

Outdoor Space: A spacious backyard offers room for relaxation or further enhancement to increase property value.

Potential for Modernization: While the home is move-in ready, there’s still room for additional renovations to increase its appeal and rental value.

Perfect for investors looking to step into a stable rental market with a property that has both historical charm and modern comforts. Don't miss this chance to expand your portfolio with a property that promises both immediate returns and long-term value.

Essentially Estate Sale. Buyer's are responsible of obtaining CCO and Fire Certification from the City of Camden.

Location

State NJ

County Camden

Area Camden City (20408)

Zoning R-2

Rooms

Basement Partially Finished

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Laminated

Inclusions Refrigerator, Oven, Stove, Tenant and Tenant personal property

Furnishings Yes

Fireplace N

Heat Source Natural Gas

Laundry Basement

Exterior

Waterfront N

Water Access N

Roof Type Flat

Accessibility Other

Garage N

Building

Story 2

Foundation Brick/Mortar

Sewer No Septic System

Water Public

Architectural Style Straight Thru

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Camden City Schools

Others

Pets Allowed Y

Senior Community No

Tax ID 08-01271-00099

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Pets Description No Pet Restrictions

Bright MLS (BMLS)
Listed by Joseph L Wanamaker • Keller Williams Realty - Moorestown
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(609) 277-3257

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381 Egg Harbor Rd, Sewell, NJ, 08080, United States

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1226 MAGNOLIA AVE