$375,000
$425,000
11.8%For more information regarding the value of a property, please contact us for a free consultation.
2,268 SqFt
SOLD DATE : 09/30/2021
Key Details
Sold Price $375,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,268 sqft
Price per Sqft $165
Subdivision Theatre District
MLS Listing ID NJCD420276
Sold Date 09/30/21
Style Victorian
HOA Y/N N
Abv Grd Liv Area 2,268
Originating Board BRIGHT
Year Built 1890
Annual Tax Amount $8,571
Tax Year 2020
Lot Size 0.301 Acres
Acres 0.3
Lot Dimensions 75.00 x 175.00
Property Description
With rental income of over $40,000 a year, this legal, conforming duplex works as an investment property with ample parking; rent both units, live in one unit and rent the other or convert back into a gorgeous single-family home. The opportunities are endless! 6% CAP RATE - RENTS are $1,900 ($1,975 2nd year) and $1,550. This Victorian is in the historic theater district within walking distance to downtown Collingswood! Interior is spacious with loads of charm. 2nd/3rd floor unit is 3 bedroom, 2 bath with 2nd floor porch lease ending May 31, 2023. The first floor unit lease ends l November 30, 2021 and is 2 bedroom, 1 bath. Each unit has a washer and dryer in their own unit. The home is situated on a large lot with ample parking. This is a great investment! This is a MUST SEE!
Location
State NJ
County Camden
Area Collingswood Boro (20412)
Zoning RESD
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Hardwood
Fireplaces Number 1
Heat Source Natural Gas
Exterior
Water Access N
Accessibility Other
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Victorian
Additional Building Above Grade, Below Grade
New Construction N
Schools
Middle Schools Collingswood M.S.
High Schools Collingswood Senior H.S.
School District Collingswood Borough Public Schools
Others
Tax ID 12-00164-00008
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Stephanie Campise • RE/MAX One Realty- Collingswood
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REALTOR® | License ID: 1111154