322-324 Washington Avenue, Laurel Springs, NJ 08021
- $455,000
- 2,720
- SqFt
- Sold Price
- $455,000
- List Price
- $425,000
- Closing Date
- Jun 23, 2025
- Days on Market
- 19
- Status
- CLOSED
- MLS#
- NJCD2091624
- Living Area
- 2,720
- Lot Size (Acres)
- 0.22
- Style
- Colonial, Dwelling with Rental, Side-by-Side
- Year Built
- 1893
- County
- Camden
- School District
- Sterling High
Property Description
Rare Investment Opportunity: Duplex with Potential Third Unit! Don’t miss this incredible opportunity to own an income-producing duplex with the potential to convert into a triplex! Currently configured as a duplex, the property features: Unit 1: A spacious 3-bedroom, 1.5-bath unit with private access to the basement (with laundry) and attic. The walk-up attic is currently used for storage but offers a separate exterior entrance and is secured with a deadbolt—making it a prime candidate for conversion into a third income-generating unit. Estimated rental income: $2,300/month. (Professional photos of unit 1 taken 4/29) Unit 2: A 2-bedroom, 1-bath unit that is currently tenant-occupied through November 2025, generating $1,800/month. The optional third unit (attic conversion) could bring in an estimated $900–$1,000/month, significantly increasing the property’s income potential. Both units share a charming front porch, rear yard and Unit 1 has a separate enclosed porch entry to their private living spaces as well as each having separate back porches. Utilities are separately metered, except for heat, which is paid by the owner and included in the rent. Photos of Unit 2 have been provided by the seller. Whether you’re looking to house-hack or add a high-potential property to your portfolio, this one checks all the boxes!
Additional Information
- Area
- Laurel Springs Boro (20420)
- Taxes
- $11116
- Interior Features
- Attic, Carpet, Ceiling Fan(s), Floor Plan - Traditional, Kitchen - Table Space, Dining Area
- School District
- Sterling High
- Exterior Features
- Sidewalks
- Heating
- Forced Air
- Heating Fuel
- Natural Gas
- Cooling
- Window Unit(s), Ceiling Fan(s)
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Yes
Mortgage Calculator
Listing courtesy of Keller Williams Realty. Contact:
Selling Office: .