217 41 StPennsauken Township, NJ 08110

This exceptional investment opportunity presents two fully occupied, two-unit duplexes located at 217 N 41st St in Pennsauken Township, NJ, 08110. Built in 1954, this property sits on a 0.06-acre lot and offers a compelling combination of strong rental income and significant upside potential. Currently generating $47,112 in Net Operating Income (NOI) with a 7.20% capitalization rate, the pro-forma NOI is projected at $55,206, representing an 8.50% pro-forma cap rate. Each duplex features two 2-bedroom, 1-bathroom units, all currently rented, providing a total of four units. Residents enjoy the convenience of private laundry facilities within each unit, individually metered utilities, and ample off-street parking. The property also boasts a large shared backyard. This prime location offers easy access to major roads and bridges, providing convenient access to Philadelphia, approximately 3 miles from the Ben Franklin Bridge. The asking price for this property is $325,000. Note: This property is being sold as part of a package deal with a neighboring duplex (MLS# NJCD2074716, Tax ID #: 08-01034-00067) for a combined price of $650,000.