Lexington Ave, 08110- Rare Camden County Duplex with $38,400 Gross Income

Pennsauken Township | Legal Duplex | Instant Cash Flow | Rare Multifamily Opportunity
22xx Lexington Ave, Pennsauken, NJ 08110

ATTENTION MULTIFAMILY INVESTORS!
Here’s a rare legal duplex opportunity in Pennsauken Township, Camden County offering immediate cash flow in a market where multifamily inventory is extremely limited. This 1,582 sq ft property features a strong 4-bed + 1-bed configuration, long-term tenancy, and stable in-place income, making it an attractive buy-and-hold play with dependable cash flow and future upside.

🏠 Property Details:

• Legal Duplex
• Approx. 1,582 sq ft
• Located in Pennsauken Township, Camden County

🧩 Unit Breakdown:

Unit 1

• 4 Bed / 1 Bath
• Rented for $2,000/month
• Long-term tenant in place for 6 years
• Currently month-to-month
• Layout includes:
  • 2 bedrooms on the main level
  • 2 additional legal bedrooms in the basement with windows and closets

Unit 2

• 1 Bed / 1 Bath
• Rented for $1,200/month
• Lease renewed June 3, 2026 for one year
• Converts to month-to-month thereafter

💰 Investor Highlights:

• Annual Gross Rental Income: $38,400
• Estimated 9%+ cap rate
• Immediate cash flow from day one
• Strong long-term tenant history
• Rare multifamily opportunity in a tight-inventory market
• Excellent fit for buy-and-hold investors seeking stable income

🔥 Why This Deal Stands Out:

• Legal duplex in a market with very limited multifamily supply
• Long-term tenants provide income stability
• Attractive unit mix with strong rental demand
• Opportunity for future upside as leases roll over

📞☎️ Call or text our team at: 215-395-6211

Showings by Appointment Only – Serious Buyers / Investors Only.