Turn-Key Triplex in the Heart of Collingswood! This well-maintained, income-producing property offers an excellent investment opportunity with $61,620 in current annual gross rental income. The property features an ideal three-unit layout with two spacious 2-bedroom units and one 1-bedroom unit, providing strong rental versatility in a highly desirable location.
Conveniently located just minutes from the PATCO Speedline, downtown Collingswood, restaurants, shopping, and local amenities, the property offers both tenant appeal and long-term investment potential. Each unit has separate electric, while tenants are responsible for water/sewer and a portion of the gas heat, helping streamline owner operating expenses. Owner expenses include annual property taxes, quarterly CCUMA fees, and the remaining portion of the gas heat.
The property currently has established tenants in place and offers additional value-add potential for the next owner. Seller is willing to consider competitive offers, including requests for closing-cost assistance. A strong opportunity for an investor seeking an income-producing multifamily property in a highly sought-after Collingswood location.
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Listing Snapshot
Price
$599,900
Days On Site
74 Days
Bedrooms
5
Inside Area (SqFt)
3,314 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.08 Acres
Year Built
1910
MLS® Number
NJCD2122542
Status
Active
Property Tax
$10,648.56
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
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Recent Activity
7 days ago
Listing updated with changes from the MLS®
2 months ago
Price changed to $599,900
2 months ago
Listing first seen on site
General Features
Acres
0.08
Cross Street
RICHEY
Foundation
Slab
Parking
On Street
Property Sub Type
Triplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
3314
SqFt Total
3314
Style
Other
Water Source
Public
Zoning
RESDI
Interior Features
Appliances
Gas Water Heater
Basement
Full
Flooring
Carpet
Furnished?
None
Heating
Natural GasHot Water
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Exterior Features
Construction Details
AsbestosVinyl Siding
Pool Features
None
Community Features
MLS Area
Collingswood Boro (20412)
School District
COLLINGSWOOD PUBLIC SCHOOLS
Schools
School District
COLLINGSWOOD PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of HomeSmart First Advantage Realty