1402 Collings Rd, Camden, NJ 08104

$350,000

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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
$4,841
Stories
2
Heating
Baseboard - Hot Water
Cooling
Wall Unit
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Weichert Realtors-Cherry Hill. Contact: 8564247758