1402 Collings Rd, Camden, NJ 08104
- $350,000
- List Price
- $350,000
- Days on Market
- 29
- Status
- ACTIVE
- MLS#
- NJCD2124680
- Lot Size (Acres)
- 0.06
- Style
- Other
- Year Built
- 1951
- County
- Camden
- School District
- Camden City Schools
Property Description
Fully Occupied 3-Unit Multifamily Investment Opportunity This fantastic 3-unit property offers an excellent opportunity for an investor looking for immediate, positive cash flow with minimal hassle. The building consists of two well-maintained residential apartments and one storefront, all of which are currently leased and fully occupied. Each unit is in very good condition, and all existing leases have approximately one year remaining, providing an investor with stable, predictable rental income from day one. With a strong cap rate, excellent condition, and 100% occupancy, this is a true turn-key investment opportunity. There is no need to wait for vacancies to be filled or undertake significant renovations—simply take ownership and start collecting income. Highlights: 3 total units 2 residential apartments 1 storefront/commercial unit 100% occupied All units currently leased Approximately 1 year remaining on existing leases Units in very good condition Strong cap rate Immediate positive cash flow Turn-key investment opportunity A great fit for an investor seeking stable income, solid returns, and a property that is ready to perform from day one.
Additional Information
- Area
- Camden City (20408)
- Taxes
- $4841
- Stories
- 2
- School District
- Camden City Schools
- Heating
- Baseboard - Hot Water
- Heating Fuel
- Natural Gas
- Cooling
- Wall Unit
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Weichert Realtors-Cherry Hill. Contact: 8564247758
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