1557 Mount Ephraim Ave, Camden, NJ 08104

$265,000

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List Price
$265,000
Price Change
▼ $20,000 1785299717
Days on Market
60
Status
ACTIVE
MLS#
NJCD2118832
Lot Size (Acres)
0.03
Year Built
1920
County
Camden
School District
Camden City Schools

Property Description

"Investor Alert". Rehabbed, Mixed Use, Multi Units await you. Come tour this money maker in the Business district of Camden and finish the work. This can be your chance to own a space that you can rent to multiple Tenants and reap the rewards, You can divide up the spaces on the main floor or keep it as one unit. The Main Floor has a beautiful and long hallway leading to two separate doors. One is for the Upstairs 3 Bedroom apartment with a full kitchen and bath on your right and the other door leads you into two separate spaces. The first apartment has two bedrooms, a full kitchen and one full bath. The second apartment has 1 bedroom, a Living room, a full kitchen, outside access and a full Basement with two additional bedrooms or storage. The seller has all units at an almost finished state. New roof added in 2026. New water heater added in 2026 and services the entire building. All appliances are electric including the heat. The seller is selling AS IS. Buyer responsible for their own due diligence. Buyer responsible for the Certificate of Occupancy and any TWP or Municipal to close. Buyer will have to pull any and all permits for Plumbing and Electrical where needed. This property is located in a high traffic area and is a great place for rental income and tenants. Rents on average for a 2 bedroom is between 1200 to 1500. Rents for a 3 bedroom run between 1500 to 2,500. The seller has already incorporated your upfront cost and with just some finishing touches you can have a (NOI) Net Operating Income that takes care of you and the property. Schedule your showing today! I will be at the property this Saturday 5/30/26 from 2:30 pm to 4:00 pm if you want to see the listing. Please schedule.

Additional Information

Area
Camden City (20408)
Subdivision
Liberty Park
Taxes
$2212
Stories
2
School District
Camden City Schools
Flooring
Ceramic Tile, Laminate Plank
View
City
Heating
Baseboard - Electric
Heating Fuel
Electric
Cooling
None
Roof
Asphalt
Utilities
Cable TV Available
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams - Main Street. Contact: 8568582200