134 W Somerdale Rd, Somerdale, NJ 08083

$625,000
2,831
SqFt

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List Price
$625,000
Days on Market
30
Status
ACTIVE
MLS#
NJCD2121312
Living Area
2,831
Lot Size (Acres)
0.81
Style
Other
Year Built
1926
County
Camden
School District
Sterling High

Property Description

Rare opportunity to own a fully occupied legal triplex in Somerdale. Each of the three spacious units offers 2 bedrooms, 1 full bath, updated interiors, and the convenience of in-unit washer and dryer. The property generates $66,000 in annual gross rental income and provides immediate cash flow for investors. Situated on an oversized 0.81-acre lot, this income-producing property also features an attached two-car garage and ample parking. The interiors have been renovated within the past two years, minimizing immediate capital expenditures while providing attractive living spaces for tenants. Conveniently located near major highways, shopping, dining, and the PATCO Speedline, this turnkey investment offers both stable current income and long-term appreciation potential. Whether you're expanding your portfolio or purchasing your first multifamily investment, this legal triplex presents an outstanding opportunity in Camden County.

Additional Information

Area
Somerdale Boro (20431)
Taxes
$8833
School District
Sterling High
Garage
Yes
Garage Spaces
2
Heating
Baseboard - Hot Water
Heating Fuel
Natural Gas
Cooling
Window Unit(s)
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

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