1421 Louis Street

Description

1421 Louis Street, Camden, NJ " Priced at $72,500 This 2-unit duplex is located in Camdens Gateway neighborhood - two blocks from the new Virtua Campus! Formerly a mixed-use apartment over a barbershop, the property can easily be converted to two residential units or remain mixed-use. Each unit features 1-bedroom/1-bathroom. The neighboring, 2-bedroom/1-bathroom, single family residence at 1419 Louis Street is listed separately for $52,500, offering the unique opportunity to acquire two income-producing properties side by side"perfect for investors seeking scale and flexibility. Both properties are separately metered and may be purchased individually or as a package. Asking Price for package is $72,500 + $52,500 = $125,000The home has been fully cleaned out and is ready for renovation, allowing investors to move quickly and customize based on their investment strategy. With Camden homes reaching values as high as $340,000 after rehabilitation, the upside potential is strong. Camden County continues to lead New Jersey in residential value growth, further enhancing the long-term appeal of this asset.Located near the Camden Waterfront, Cooper University Hospital, Rutgers Camden, and Downtown Philadelphia, this property benefits from stable rental demand and major regional development. Whether you're pursuing resale, rental income, or long-term appreciation, 1421 Louis Street represents a strategic and affordable entry into one of New Jerseys most active investment markets.Contact the listing agent for tours and lockbox access. The seller prefers to close with Brennan Title Company in Cherry Hill, NJ.