1906 49th St, Pennsauken, NJ 08110

Property Description

Excellent opportunity to add a fully occupied, income-producing duplex to your investment portfolio! This well-maintained Pennsauken property features two spacious apartments, each offering 3 bedrooms and 1 full bathroom. Both units were renovated in 2025 and feature updated kitchens and bathrooms, new flooring and carpeting, and bright, open living and dining areas. A brand-new roof adds even more appeal! Additional features include a shared front porch, generous backyard, basement laundry with washer and dryer, and shared storage space. The first-floor apartment is currently rented for $2,250 per month with a lease through June 2027, while the second-floor is currently rented for $1,950 per month with a lease through May 2027. That's a combined rental income of $4,200 per month or $50,400 annually! Tenants pay gas, electric, and water, while heat and sewer are included in the rent. Township rental certificates are in place, and established property management offers added convenience for the next owner. Conveniently located near shopping, dining, major roadways, and Philadelphia. Being sold strictly as-is, but in great condition! With renovations completed, tenants in place, and steady rental income, this is a fantastic opportunity to expand your investment portfolio!