$310,000
$329,900
6.0%For more information regarding the value of a property, please contact us for a free consultation.
2,475 Sqft Lot
SOLD DATE : 11/30/2021
Key Details
Sold Price $310,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NJCD2004810
Sold Date 11/30/21
Style Traditional
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $8,212
Tax Year 2020
Lot Size 2,475 Sqft
Acres 0.06
Lot Dimensions 22.50 x 110.00
Property Description
Investors! Amazing duplex located on the bustling Haddon Ave, only a few minutes walk from the downtown Collingswood strip and the PATCO! Here is your opportunity to own a fabulous multi-unit with mixed use purposes, currently fully occupied with a chiropractic office on the first floor and a 2 bedroom, 1 full bathroom unit residential unit upstairs. As you approach 557 Haddon Ave, the current business is located on the first floor. Enter into a space that has been recently renovated, equipped with gas heat and central AC, new floors and more. Currently set up as a chiropractic office, you can keep the current business as cash flow, or move in your business, or a new one, once their lease is up. Upstairs is located in the back of the building on the 2nd floor, and also has a fenced in yard and full backyard, with access to the basement where there is room for storage, utilities and a washer and dryer. Walk upstairs and enter the kitchen, which opens to a large living room, and a bedroom. The bathroom is on this floor, as well. On the 3rd floor, there is the second bedroom. This unit has window AC units and radiator heat.
Current rent on the upstairs unit is $1,420 but is FAR BELOW market value - see two bed one bath units - 690 Haddon Ave ($1,850), 581 Haddon Ave ($1,800), 575 Haddon Ave ($1,775). Current rent on the downstairs unit is $1,100 but is also FAR BELOW market value - see 612 Haddon Ave ($2,250), 6 Powell Ln ($2,200). Much upside to this duplex, in the extremely desirable Collingswood. Make your appointment today!
Location
State NJ
County Camden
Area Collingswood Boro (20412)
Zoning MIXED
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility 2+ Access Exits
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Collingswood Borough Public Schools
Others
Tax ID 12-00015-00005
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Richard A Conti • Smires & Associates
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "