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617 Newton Ave, Oaklyn, NJ 08107

$675,000

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Sold Price: $675,000
List Price: $715,000
Closing Date: Nov 04, 2025
Status: CLOSED
MLS#: NJCD2084936
Lot Size (Acres): 0.24
Year Built: 1935
County: Camden
School District: Camden City Schools

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Property Description

PRIME INVESTMENT OPPORTUNITY SITUATED ON A QUIET CORNER LOT IN OAKLYN!!! Don't miss this staggering x6 unit building featuring x4 2BD/1BTH units & x2 1BD/1BTH units along with a private basement & spacious private parking lot! Units are filled with an abundance of natural light & brimming with historic charm as well as updated touches & upgrades. Brand new high efficiency heater with separate electric & gas. Tenants are responsible for electric & gas, the landlord is responsible for water & heat. Property is currently generating around 6k/mo in rental income with one vacant unit & room for tremendous growth. Whether you are a savvy investor looking to add SIX quality doors to your portfolio or an owner-occupant buyer living in either one of the 1 or 2 bedroom units while letting the tenants pay your mortgage AND still generating positive cash flow - then this incredible value add is for you! **Offer memorandum w/ rent roll & financials attached in Bright documents.

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Additional Information

Area: Oaklyn Boro (20426)
School District: Camden City Schools
Heating: Radiator(s)
Cooling: None
Water: Public
Sewer: Public Sewer