541 Fern Road
$115,000
3
1
870
870
$132
Listed By Compass
Description
**Investor Opportunity: Income-Generating Portfolio of 20 Rental Properties for $2,000,000**
Presenting an exceptional investment opportunity in the highly sought-after Laurel Lakes community! This portfolio includes 20 well-maintained, tenant-occupied properties, all strategically located within the same thriving neighborhood. With a consistent and reliable tenant base, these homes provide immediate cash flow and long-term stability.
One property within this portfolio is **541 Fern**, offering a prime...**Investor Opportunity: Income-Generating Portfolio of 20 Rental Properties for $2,000,000**
Presenting an exceptional investment opportunity in the highly sought-after Laurel Lakes community! This portfolio includes 20 well-maintained, tenant-occupied properties, all strategically located within the same thriving neighborhood. With a consistent and reliable tenant base, these homes provide immediate cash flow and long-term stability.
One property within this portfolio is **541 Fern**, offering a prime example of steady rental income. This charming home has been leased by the same tenant for more than a year, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 3 bedrooms, a full bath and a covered patio, all nestled on a beautifully landscaped lot with mature trees and two off-street parking spaces. **Photos were taken prior to the tenants moving in, after the seller renovated it.
Key Investment Highlights:
- **Portfolio Price**: $2,000,000 for 20 properties
- **Annual Gross Income**: $240,000
- **12% CAP Rate**: Strong return potential in a stable, in-demand location
- **Tenant Stability**: Long-term, reliable tenants in place across all properties
- **Maintenance & Management**: Well-maintained homes with minimal upkeep required
This portfolio presents a rare opportunity to secure a high-performing asset in a community with ongoing rental demand and future growth potential. With a strong CAP rate and consistent cash flow, this investment is ideal for serious investors seeking to expand their holdings in a thriving market. Don’t miss out on this lucrative opportunity in Laurel Lakes!Portfolio includes MLS# NJCB2021228, NJCB2021246, NJCB2021260, NJCB2021276, NJCB2021262, NJCB2021278, NJCB2021280, NJCB2021286, NJCB2021284, NJCB2021288, NJCB2021290, NJCB2021294, NJCB2021296, NJCB2021298, NJCB2021300, NJCB2021302, NJCB2021304, NJCB2021306, NJCB2021308, and NJCB2021310.
Presenting an exceptional investment opportunity in the highly sought-after Laurel Lakes community! This portfolio includes 20 well-maintained, tenant-occupied properties, all strategically located within the same thriving neighborhood. With a consistent and reliable tenant base, these homes provide immediate cash flow and long-term stability.
One property within this portfolio is **541 Fern**, offering a prime...**Investor Opportunity: Income-Generating Portfolio of 20 Rental Properties for $2,000,000**
Presenting an exceptional investment opportunity in the highly sought-after Laurel Lakes community! This portfolio includes 20 well-maintained, tenant-occupied properties, all strategically located within the same thriving neighborhood. With a consistent and reliable tenant base, these homes provide immediate cash flow and long-term stability.
One property within this portfolio is **541 Fern**, offering a prime example of steady rental income. This charming home has been leased by the same tenant for more than a year, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 3 bedrooms, a full bath and a covered patio, all nestled on a beautifully landscaped lot with mature trees and two off-street parking spaces. **Photos were taken prior to the tenants moving in, after the seller renovated it.
Key Investment Highlights:
- **Portfolio Price**: $2,000,000 for 20 properties
- **Annual Gross Income**: $240,000
- **12% CAP Rate**: Strong return potential in a stable, in-demand location
- **Tenant Stability**: Long-term, reliable tenants in place across all properties
- **Maintenance & Management**: Well-maintained homes with minimal upkeep required
This portfolio presents a rare opportunity to secure a high-performing asset in a community with ongoing rental demand and future growth potential. With a strong CAP rate and consistent cash flow, this investment is ideal for serious investors seeking to expand their holdings in a thriving market. Don’t miss out on this lucrative opportunity in Laurel Lakes!Portfolio includes MLS# NJCB2021228, NJCB2021246, NJCB2021260, NJCB2021276, NJCB2021262, NJCB2021278, NJCB2021280, NJCB2021286, NJCB2021284, NJCB2021288, NJCB2021290, NJCB2021294, NJCB2021296, NJCB2021298, NJCB2021300, NJCB2021302, NJCB2021304, NJCB2021306, NJCB2021308, and NJCB2021310.
Property Details for 541 Fern Road
Tax ID Number
02-00100-10985
OwnershipFee Simple
Condo Coop AssociationNo
HOANo
Structure TypeMobile Pre 1976
StyleModular/Pre-Fabricated
Levels/Stories1
FurnishedNo
LISTING UPDATED: 11/09/2024 12:43 AM
Property Details for 541 Fern Road
Status | Active |
---|---|
MLS # | NJCB2021276 |
Days on Market | 9 |
Taxes | $858 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Fee Simple |
Year Built | 1970 |
Lot Size | 0.16 AC / 7,127 SF |
County | Cumberland County NJ |
Building Information for 541 Fern Road
Stories1Year Built1970Building Size-Lot Size0.16 AC / 7,127 SF
Property Information for 541 Fern Road
Property History for 541 Fern Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 541 Fern Road
Taxable ValueLand$11,600Additions$17,400Total$29,000
Tax Record2023$858 ($72 / month)
Home Facts
Beds0Total Finished SqFt870 SqFtAbove Grade Finished SqFt870 SqFtStories1Lot Size7,126 SqFtStyleSingle Family ResidenceYear Built1970ZoningVR2CountyCUMBERLANDAPN02 00100-0000-10985
Schools near 541 Fern Road
This home is within Commercial Township School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Commerical Township School PublicPK to 8 | ||
Port Norris Elementary School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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