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1402 Collings Rd, Camden, NJ, 08104

6beds
--baths
0sqft
$330,000
--price/sqft
$2,753/moest. monthly cost
$110,120/yrincome needed

About This Home

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.

Getting Around

67
WalkingSomewhat Walkable
33
TransitSome Transit
62
BikeBikeable

Schools

2/10
2/10
1/10
East Side High SchoolGrades 9-123.2 mi

Construction

Condition

  • Year built: 1951

Materials

  • Foundation: Block
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Triplex

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 6

Heating & Cooling

  • Heating features: Baseboard,Natural Gas
  • Cooling features: Wall Unit(s),Electric

Interior Area

  • Total structure area: 0

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 080072700001
  • Zoning: DUAL
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 2,500 sqft
  • Lot size dimensions: 25.00 x 0.00

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes