$108,696
$100,000
8.7%For more information regarding the value of a property, please contact us for a free consultation.
622-A BERKLEY ST Camden, NJ 08103
2 Beds
2 Baths
789 SqFt
Key Details
Sold Price $108,696
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 789 sqft
Price per Sqft $137
Subdivision Lanning Square
MLS Listing ID NJCD2057872
Sold Date 02/28/24
Style Unit/Flat
Bedrooms 2
Full Baths 2
HOA Fees $65/mo
HOA Y/N Y
Abv Grd Liv Area 789
Originating Board BRIGHT
Year Built 1880
Annual Tax Amount $1,677
Tax Year 2022
Lot Size 980 Sqft
Acres 0.02
Lot Dimensions 14.00 x 0.00
Property Description
RARE INVESTMENT OPPORTUNITY!!! LOCATION, LOCATION, LOCATION!!! x23 unit portfolio located in Cooper Plaza down the street from Cooper Hospital!! Excellent opportunity to provide reliable & safe housing to Dr's, Nurses, Medical Students, interns, and any and all Hospital Staff for all time high premium rents!!! Located in the highly sought after neighborhood of Lanning Square with the hospital just down the street as well as Coriell Institute and all the developments and improvements that the number one appreciating City in the Country continues to deliver. Generate steady income AND become the majority stakeholder in the Cooper Plaza HOA!!! All Units must be bought as a package for $2,300,000. Purchaser will have Majority control of Cooper Plaza HOA. Run the HOA as you see fit including levying assessments or dissolving HOA if one wishes. The portfolio should qualify for a myriad of programs! Not only is this portfolio located in an opportunity zone, the portfolio should also qualify for redevelopment grants via the Historic Property Reinvestment Program in conjunction with the Federal Historic Tax Credit Program. Portfolio offers residents access to TWO parking lots. A novel commodity for the area that you won't want to miss!!! Entrances for the lots are located on S 7th St. Properties were fully renovated in the 90's to offer a more contemporary design while maintaining their Victorian charm! This Portfolio is OVERFLOWING with massive intrinsic potential!! All units being sold in as-is condition. Buyer is Responsible for Certificate of Occupancy. Schedule a showing TODAY, you won't want to miss this!!! *Please note: portfolio includes the following units: 620A Berkley St, 620B Berkley St, 622A Berkley St, 624B Berkley St, 626B Berkley St, 628A Berkley St, 630A Berkley St, 630B Berkley St, 632A Berkley St, 632B Berkley St, 634A Berkley St, 634B Berkley St, 636B Berkley St, 638A Berkley St, 638B Berkley St, 640A Berkley St, 640B Berkley St, 642B Berkley St, 644A Berkley St, 644B Berkley St, 653A Berkley St, 653B Berkley St, 657B Berkley St*
Location
State NJ
County Camden
Area Camden City (20408)
Zoning RES
Rooms
Other Rooms Living Room, Kitchen, Basement
Basement Full
Main Level Bedrooms 1
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street, Parking Lot
Garage N
Building
Story 2
Foundation Permanent
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Camden City Schools
Others
Senior Community No
Tax ID 08-01411-00011-C0022
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Patrick M Gorman • Keller Williams - Main Street