2213 Lexington Ave, Pennsauken, NJ 08110

Property Description

INVESTOR SPECIAL – INCOME-PRODUCING DUPLEX! Excellent opportunity at 2213 Lexington Avenue featuring TWO occupied units generating a combined $3,200 PER MONTH / $38,400 ANNUALLY in current gross rent! The first-floor unit offers 2 bedrooms, 2 full bathrooms and additional finished basement bonus space. The second-floor unit features 1 bedroom, 1 full bathroom, a living room and an eat-in kitchen. Both tenants are currently month-to-month, offering future flexibility subject to applicable laws and notice requirements. A major highlight is the OVERSIZED DRIVEWAY with parking for approximately SEVEN VEHICLES, plus a detached one-car garage! Separate meters and gas water heaters add to the investment appeal. Approximately $10,000 has recently been invested in repairs and maintenance. Conveniently located near major roads, shopping and transportation. Property is being sold strictly AS-IS. Seller will make no repairs. Buyer is responsible for all inspections, due diligence and any lender or municipal requirements. Finished basement rooms are bonus space and are not represented as legal bedrooms. Schedule your showing and explore the income potential!