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Angie House | Railey Realty

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56 Linwood AvenueWilliamstown, NJ 08094Price: $925,000

  • Price: $925,000
  • 5 Days on Market
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Federal 30-year interest rate: 6.66% last updated on Jul 30, 2026
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  • $925,000List Price
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56 Linwood presents a rare opportunity to acquire a fully stabilized, six-unit multifamily investment offering an attractive 8.0% in-place cap rate and immediate cash flow. Each unit is 2 beds/1 bath with seperate metered gas/electric. This professionally maintained asset is 100% occupied with an established tenant base and has undergone a comprehensive value-add transformation over the past five years. Ownership has strategically renovated units, achieved market rents, implemented a utility reimbursement program, and completed significant capital improvements, including a new and replacement of the front concrete walkway-allowing a new owner to step into a true turnkey investment with limited anticipated near-term capital expenditures. The property also features a separate six-bay garage/storage building that enhances tenant convenience while providing future income potential, as well as coin-operated laundry for supplemental revenue. Situated on a quiet, tree-lined street in Monroe Township, the property benefits from strong tenant appeal and convenient access to Route 42, the Atlantic City Expressway, Philadelphia, and Rowan University.

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Courtesy of Keller Williams Realty - Cherry Hill

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