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1557 Mount Ephraim Ave 3 Unit Apartment Building $394,312 CAD ($131,437 CAD/Unit) Camden, NJ 08104
Executive Summary
"Investor Alert". Rehabbed, Mixed Use, Multi Units await you. Come tour this money maker in the Business district of Camden and finish the work. This can be your chance to own a space that you can rent to multiple Tenants and reap the rewards, You can divide up the spaces on the main floor or keep it as one unit. The Main Floor has a beautiful and long hallway leading to two separate doors. One is for the Upstairs 3 Bedroom apartment with a full kitchen and bath on your right and the other door leads you into two separate spaces. The first apartment has two bedrooms, a full kitchen and one full bath. The second apartment has 1 bedroom, a Living room, a full kitchen, outside access and a full Basement with two additional bedrooms or storage. The seller has all units at an almost finished state. New roof added in 2026. New water heater added in 2026 and services the entire building. All appliances are electric including the heat. The seller is selling AS IS. Buyer responsible for their own due diligence. Buyer responsible for the Certificate of Occupancy and any TWP or Municipal to close. Buyer will have to pull any and all permits for Plumbing and Electrical where needed. This property is located in a high traffic area and is a great place for rental income and tenants. Rents on average for a 2 bedroom is between 1200 to 1500. Rents for a 3 bedroom run between 1500 to 2,500. The seller has already incorporated your upfront cost and with just some finishing touches you can have a (NOI) Net Operating Income that takes care of you and the property.
Property Facts
| Price | $394,312 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $131,437 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.03 AC |
| No. Units | 3 | Building Size | 1,500 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1920 |
| Price | $394,312 CAD |
| Price Per Unit | $131,437 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.03 AC |
| Building Size | 1,500 SF |
| No. Stories | 2 |
| Year Built | 1920 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 3+1 | 2 | - | - |
1 1
Exceptionally walkable
90/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 08-00441-0000-00056 | Improvements Assessment | $54,374 CAD |
| Land Assessment | $28,639 CAD | Total Assessment | $83,013 CAD |
Property Taxes
Parcel Number
08-00441-0000-00056
Land Assessment
$28,639 CAD
Improvements Assessment
$54,374 CAD
Total Assessment
$83,013 CAD
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1557 Mount Ephraim Ave
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