425 Cooper StCamden, NJ 08102

Property Details for 425 Cooper St

Year built

1846

Lot size

0.06 AC

Property size (Sq ft)

2,522 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a fully renovated, five-unit apartment building situated on a 0.058-acre lot at 425 Cooper Street in Camden, New Jersey. Originally constructed in 1846 and extensively renovated in 2016, this four-story building boasts 2,522 square feet of net rentable space. The property is zoned commercial and enjoys low annual taxes of $10,977 (as of 4/16/24). Convenient street and rear lot parking is available. Located in the heart of Camden's revitalized Cooper Street commercial district, this property benefits from its proximity to the university area. The building's historical significance adds to its unique appeal, with its origins tracing back to the early development of Camden as a vital transportation hub. The property's excellent condition, combined with its prime location and strong rental potential, makes it an attractive investment for discerning buyers. The lot measures 24 feet of frontage by 105 feet in depth. Potential uses beyond residential include various commercial options such as retail, professional offices, or even a health-related business. The asking price is $1,200,000.

Location Insight

City

Camden

County

Camden

State

New Jersey

Latitude

39.9472

Longitude

-75.1209

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