$315,000

2 W Cedar Ave, Oaklyn, NJ

Type: 
Multi

🚀 Oaklyn NJ | 4 Bed 2 Bath Multifamily I Generating $36.6k Yearly 💲


This fully rented multifamily in Oaklyn, NJ offers immediate cash flow with two income-generating units bringing in $3,050/month (Unit 1: $1,300 | Unit 2: $1,750). Featuring 4 bedrooms, 2 bathrooms, and 1,778 sqft, the first-floor unit has 2 beds/1 bath with basement access, while the second-floor unit includes 2 beds/1 bath with a third-floor walk-up. Built in 1910, this low-maintenance property features durable siding and a 30-year asphalt roof. With stable tenants in place, a strong rental market, and long-term appreciation potential, this investment is perfect for buy-and-hold investors looking for consistent returns in a desirable location.


✨ Property Highlights ✨

4 Bedrooms, 2 Bathrooms

Interior Square Footage : 1778 sqft

Year Built: 1910

Parking: Driveway and Off street

Roof Description : 30 year asphalt shingles

Exterior Description: Siding 12″ and cedar siding

Appliances: Dishwasher, Stove/Oven, Fridge


🏡 Detailed Layout 🏡

First Floor : 2 Bedroom/ 1 Full Bathroom (with basement access)

Second Floor: 2 Bedroom/ 1 Full Bathroom (includes access to 3rd floor walk up)

Basement Description: Unfinished


💰 Investment Potential 💰

This income-generating multifamily in Oaklyn, NJ, produces $3,050/month ($36,600/year) in rental income with potential for increases. With long-term tenants in place, it offers stable cash flow and minimal upkeep. Located in a high-demand rental market with easy access to major roads and amenities, it presents strong long-term potential.


🗝️ Vacancy Status 🗝️

Unit 1 : Rented ($1,300/month)

Unit 2 : Rented ($1,750/month)

Delivered with Tenants


⛽️ Utilities ⛽️

Water : American Water

Sewer : Borough of Oaklyn

Heating : Radiant Heating

Heating Fuel : Natural Gas

Cooling : Window AC unit

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