705 Collings Avenue

Collingswood NJ 08107

3314 sq. ft.

3384 sq. ft.

Duplex

Currently for sale - view listing

Overview

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.

Features

5 bedrooms

3314 sq. ft. floor area

3384 sq. ft. lot size

Duplex

Happy sellers in Collingswood

We have insufficient information to provide an overview of customer satisfaction for Collingswood. Viewing the agent profiles, reviews and sales for Collingswood can provide insights for this location.