NJ
CAMDEN
OAKLYN
08107
617 NEWTON AVENUE
617 NEWTON AVENUE, OAKLYN, NJ 08107
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Listing Type
Commercial/Industrial
Listing Status
active
131
$715,000

Home Details for 617 NEWTON AVENUE

Price
$715,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1935
Lot size acres
0.24
County
CAMDEN
Garage
Days on site
221
MLS Listing#
NJCD2084936
Property Description

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 around 6k/mo in rental income with one vacant unit & 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. The next proposed Group Showings (not an open house), will be Mon (8/18) @ 1p & Wed (8/27) @ 4p**

Property Features
  • Heating Information
    • Natural Gas
    • Radiant
  • Cooling Information
    • None
  • Water Features
    • Public
  • Parking
    • Parking Lot
Listing Courtesy: Keller Williams - Main Street - 856-858-2200
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-09-05 09:29:40
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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143
Office
215 623 6000
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