1402 COLLINGS RD Camden, NJ 08104
2,500 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
MLS Listing ID NJCD2124680
Style Other
Year Built 1951
Annual Tax Amount $4,841
Tax Year 2025
Lot Size 2,500 Sqft
Acres 0.06
Lot Dimensions 25.00 x 0.00
Property Sub-Type Detached
Source BRIGHT
Property Description
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.
Location
State NJ
County Camden
Area Camden City (20408)
Zoning DUAL
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Wall Unit
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Camden City Schools
Others
Tax ID 08-00727-00001
Ownership Fee Simple
Special Listing Condition Standard
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