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312 N 40th St
Pennsauken, NJ 08110 Rosedale

$1,250,000 USD

Apartments For Sale • 5,000 SF

Property Details

Property Type Apartments
Total Building Size 5,000 SF
Lot Size 0.25 AC
Building Class C
Year Built 1920
Cap Rate 7.25 %

44 Transit Score

59 Walk Score

                
                    Highlights
                
                                generate steady income & save money
                            
                                extremely well-maintained property with updated units
                            
                                forgo annual landlord registration in Pennsauken

Property Flyers

UPDATED OFFER MEMORANDUM

Financial Summary (Actual)

Net Operating Income: $90,563 USD (2022)

Cap Rate:	7.25 %
Total Expenses:	$25,546 USD

Amenities

Laundry Facilities

Public Transportation

Commuter Rail	Drive	Walk	Distance
Pennsauken Transit Center (Atlantic City Rail Line - NJ TRANSIT RAIL)	5 min	-	2.3 mi
Cherry Hill (Atlantic City Line - NJ Transit Commuter Rail (NJ Transit))	9 min	-	4.5 mi
Transit/Subway	Drive	Walk	Distance
36Th Street (River LINE - River LINE (River LINE))	3 min	16 min	0.9 mi
Airport	Drive	Walk	Distance
Philadelphia International	27 min	-	15.1 mi
Trenton Mercer	49 min	-	33.7 mi

Patrick Gorman 856-858-2200 Keller Williams Main Street Realty

312 N 40th St Pennsauken, NJ 08110 Rosedale