Property
Pennsauken, NJ 08110 503 Delair Avenue
$1,500,000
35 more
Presented By: Keller Williams - Main Street
Beds • 14
Home Details
INCREDIBLE investment opportunity! Fully occupied property located on quiet street near Betsy Ross Bridge featuring x12 one Bedroom units which are completely tenant occupied. x1 unit on the end of the building features two bedrooms. well-maintained Basement has been recently redone & offers new concrete floors & an abundance of extra storage. Conveniently located near various major highways with easy access into Philly for commuters. Landlord to provide DCA with the sale. Great opportunity for landlords as Pennsauken does not require annual registration with the city, only a DCA which was completed earlier last year. You won't want to miss this multi-family property with endless income potential! Offer memorandum w/ rent roll can be found in the Bright documents. Please schedule online - appointment must be confirmed by 6p the day before. Group showings ONLY. The next proposed Group Showings (not an open house), will be Fri 6/13 @ 1p**
Presented By: Keller Williams - Main Street
Interior Features for 503 Delair Avenue
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 503 Delair Avenue
AccessibilityNone
Architectural StyleContemporary
Cap Rate7.48
CityPENNSAUKEN
Construction MaterialsVinyl Siding
Cool FuelNatural Gas
CoolingNone
CountyCAMDEN
DirectionsTake E Cuthbert Blvd, Cove Rd and River Rd to Delair Ave in Pennsauken Township. Turn right onto Delair Ave & the property will be on the right.
Garage Y/NNo
Gross Income148861.00
HeatingRadiator
Lot Size Square Feet7501.00
Lot Size UnitsSquare Feet
MLS AreaPennsauken Twp (20427)
ModificationTimestamp2025-06-13T10:39:04
MunicipalityPENNSAUKEN TWP
Net Operating Income112150.00
New ConstructionNo
Number Of Units Total4
Number of Units Leased12
NumberOfUnitsVacant
One Bedroom Units Count12
Operating Expense36711.00
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 1, Unit 2, Unit 2, Unit 4, Unit 5, Unit 8, Unit 3, Unit 3, Unit 6, Unit 7, Unit 9, Unit 10
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG500.0
Property SubtypeOther
Property TypeMulti-Family
School DistrictPENNSAUKEN TOWNSHIP PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount20719.0
Tax Assessed Value476100.0
Tax Lot00007
Tax Year2024
Total Actual Rent151296.00
Total SQFT3000
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1910
Year Built SourceEstimated
ZoningRES
Exterior for 503 Delair Avenue
Foundation DetailsPermanent
Land Assessed Value36000.00
Land Use Code
Lot Dimensions50.00 x 150.00
Lot Size Acres0.17
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
N/A
High School
Pennsauken High School
Elementary School
N/A
YOLANDA CASSIDY-BOGAN
Associate
Price
$1,500,000
MLS#NJCD2057718
List Date
12/01/2023
Property Type
Multi-Family
Phone
(973) 868-7789