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Marjorie Dick Stuart

  • Cell 240-731-8079
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1226 Magnolia Ave, CAMDEN, NJ – $150,000

  • 3 Beds
  • Baths
  • 1,454 Sqft
  • .04 Acres
  • 3 Beds
  • Baths
  • 1,454 Sqft
  • .04 Acres

1226 Magnolia Ave

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.

Essential Information

  • MLS® #NJCD2075400
  • Price$150,000
  • Bedrooms3
  • Bathrooms1.50
  • Full Baths1
  • Half Baths1
  • Square Footage1,454
  • Acres0.04
  • Year Built1920
  • TypeResidential
  • Sub-TypeTwin/Semi-Detached
  • StyleStraight Thru
  • StatusPending

Community Information

  • Address1226 Magnolia Ave
  • AreaCamden City (20408)
  • SubdivisionPARKSIDE
  • CityCAMDEN
  • CountyCAMDEN-NJ
  • StateNJ
  • MunicipalityCAMDEN CITY
  • Zip Code08103

Interior

  • HeatingForced Air
  • CoolingCentral A/C
  • Has BasementYes
  • BasementPartially Finished
  • # of Stories2
  • Stories2 Story

Exterior

  • ExteriorBrick and Siding
  • RoofFlat
  • FoundationBrick/Mortar

School Information

  • DistrictCAMDEN CITY SCHOOLS

Additional Information

  • Date ListedSeptember 4th, 2024
  • Days on Market43
  • ZoningR-2

Listing Details

  • Office Contact(856) 316-1100

Office

Keller Williams Realty - Moorestown

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Price Change History for 1226 Magnolia Ave, CAMDEN, NJ (MLS® #NJCD2075400)

Date Details Price Change
Pending
Active Under Contract (from Active)
Price Reduced (from $170,000) $150,000 $20,000 (11.76%)

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Listing information last updated on November 25th, 2024 at 1:31pm CST.