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640-A Berkley Street

CAMDEN, NJ 08103
  • $100,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: NJCD2057974
UPDATED: 25 min ago
$100,000
  • 2
    BEDS
  • 0.02
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 789
    SQFT
  • $127
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1880
County:

School Ratings & Info

School District:

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*

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jim Bass Group, Real Estate Teams, LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-12-04T23:50:15.907.
www.jimbassgroup.com/homes/145398904
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640-A Berkley Street CAMDEN, NJ 08103

  • Price: $100,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 25 min ago
  • ID#: NJCD2057974
2
Beds
2
Baths
0
½ Baths
0.02
Acres
789
SQFT
$127
$/SQFT
1880
Built
Neighborhood:
Lanning Square
County:
Camden
Area:
Camden City (20408)
School District:
Camden City Schools
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*
Exterior Features

Architectural Style Unit/Flat Construction Materials Brick Garage YN No Parking Types On StreetParking Lot Pool No Pool Riparian Rights YN No Unit Building Type Garden 1 - 4 Floors Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 789 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Heating Forced Air Heating YN Yes Levels 1 Main Level Bedrooms 2 Room List Living RoomKitchen Spa YN No

Property Features

Accessibility Features None Association Fee 65.00 Association Fee Frequency Monthly Association Name COOPER PLAZA Association YN Yes Central Air YN Yes Condo YN No Cooling Fuel Natural Gas Entry Level 1 Federal Flood Zone YN No Heating Fuel Natural Gas Hot Water Electric Municipality CAMDEN CITY Navigable Water YN N New Construction YN No Original MLSNumber 802714716902 Ownership Interest Fee Simple Pets Allowed YN No Possession Settlement Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Unit/Flat/Apartment Tax Annual Amount 1714.00 Tax Assessment Amount 45500.00 Vacation Rental YN No Water Source Public Year Built Effective 1997 Zoning RES

Listing courtesy of Keller Williams - Main Street: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jim Bass Group, Real Estate Teams, LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-12-04T23:50:15.907.
 
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