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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. 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.
| DAYS ON MARKET | 0 | LAST UPDATED | 7/28/2026 |
|---|---|---|---|
| TRACT | NONE AVAILABLE | YEAR BUILT | 1960 |
| COMMUNITY | Monroe Twp (20811) | COUNTY | GLOUCESTER |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | MONROE TOWNSHIP |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Electric Water Heater |
| AREA | Monroe Twp (20811) |
| BASEMENT | Yes |
| CONSTRUCTION | Block |
| HEAT | Natural Gas, Radiant |
| LOT | 0.36 acre(s) |
| PARKING | Other |
| SEWER | Public Sewer |
| SUBDIVISION | NONE AVAILABLE |
| TAXES | 14638 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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