601 Berkley St, Camden, NJ 08103

$599,000

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List Price
$599,000
Days on Market
25
Status
ACTIVE
MLS#
NJCD2125048
Lot Size (Acres)
0.03
Year Built
1889
County
Camden
School District
Camden City Schools

Property Description

601 Berkley St., Camden, NJ — Mixed-Use Investment Opportunity Well-maintained three-story mixed-use building located in Camden’s Historic District, just two blocks from Cooper University Hospital. The property features approximately 1,200 SF of first-floor commercial storefront space with excellent visibility, along with two spacious two-bedroom apartments above. The storefront offers 10-foot ceilings, large bay windows, LED lighting, LVP flooring, 1½ bathrooms, kitchenette, private office with separate entrance, and access to a full basement for additional storage. Each apartment offers nearly 1,200 SF, 2 bedrooms, 1.5 bathrooms, central heat and A/C, a double-sided wood-burning fireplace, and recently updated kitchens, bathrooms, flooring, and paint. Both apartments have access to the recently renovated rooftop deck. Additional features include a recently resealed roof, restored historic exterior, shared laundry room, and rooftop deck offering panoramic Camden City and waterfront views. Current apartment rents are $1,700 and $1,600 per month, with tenants paying electric while ownership covers water/sewer and common-area utilities. Current rents are roughly 15-20% under market for the location. A strong opportunity for an owner-user, investor, or mixed-use commercial/residential portfolio. Call today to schedule a tour!

Additional Information

Area
Camden City (20408)
Taxes
$7584
School District
Camden City Schools
Heating
Central
Heating Fuel
Electric
Cooling
Central A/C
Utilities
Sewer Available, Electric Available
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Penzone Realty. Contact: 8562273004