114 WALNUT ST Audubon, NJ 08106
2,380 SqFt
Open House
Sat Nov 29, 10:00am - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,380 sqft
Price per Sqft $262
MLS Listing ID NJCD2104722
Style A-Frame
Abv Grd Liv Area 2,380
Year Built 1929
Annual Tax Amount $12,091
Tax Year 2025
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Duplex
Source BRIGHT
Property Description
Fully renovated turnkey duplex in the heart of Audubon. This is a rare opportunity in a town where multifamily homes are almost never available. Both units have been upgraded with modern finishes, smart layouts, and updated systems, making this property ideal for house hackers, investors, or multi generational buyers.
The bottom unit spans two levels and offers three bedrooms, two and a half updated baths, a modern kitchen, and a finished basement that provides additional living or flex space plus a huge addition in the back that leads to the back yard.
The top unit features a private entrance, three bedrooms, a full bath, and a finished third floor bonus level that works perfectly for an adult child, extended family, an in-law setup, or a private workspace.
Buyers have three strong use scenarios to choose from.
Live in one unit and rent the other to offset most or all of your mortgage.
Rent both units and potentially generate $5,200 to $5,600 per month based on current Audubon rental trends for three-bedroom homes, especially with one unit offering a finished basement and two and a half baths.
Use one unit for an adult child or in laws, giving privacy and independence while keeping everyone close.
Audubon's rental market is strong. Two-bedroom rentals average $2,500 per month, and this duplex offers two full three-bedroom units, creating a powerful income-producing opportunity. At a list price of $624,990, the property sits in the mid six percent cap rate range, which is exceptional for a fully renovated, low-maintenance asset in a walkable and desirable community.
Turnkey, modern, flexible, and with no comparable duplexes currently on the market, this is the type of property that rarely becomes available. The listing has been refreshed and updated, so now is the perfect time to take a new look. Schedule your private showing today.
Location
State NJ
County Camden
Area Audubon Boro (20401)
Zoning R-1
Rooms
Basement Fully Finished
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Fireplaces Number 1
Fireplace Y
Heat Source Natural Gas
Exterior
Garage Spaces 6.0
Water Access N
Accessibility Other
Total Parking Spaces 6
Garage N
Building
Above Ground Finished SqFt 2380
Sewer Public Sewer
Water Public
Architectural Style A-Frame
Additional Building Above Grade
New Construction N
Schools
School District Audubon Public Schools
Others
Tax ID 01-00075-00006
Ownership Fee Simple
SqFt Source 2380
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
