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Key Details
Sold Price $499,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown
MLS Listing ID NJCD2017792
Sold Date 05/26/22
Style Victorian
HOA Y/N N
Originating Board BRIGHT
Year Built 1907
Annual Tax Amount $20,887
Tax Year 2021
Lot Size 0.344 Acres
Acres 0.34
Lot Dimensions 100.00 x 150.00
Property Description
Rare opportunity to own an income-producing building in Collingswood's trendy Downtown with 20 parking spots and located just a stones throw to the Patco Train Station. The building currently exists as a 1700 sq ft, +/- 1st floor newly updated office space that has many potential uses including professional offices or a restaurant. This space is ideal for the owner-occupant or investor as the 2nd floor offers three (3)apartments, providing over $32,000 in income .The office entrance is adjacent to the parking lot and the apartments are accessed by a private exterior entrance. The downstairs could easily expand into the upper floors of the building. Located on a large lot, this 100 x 150 lot would allow for expansion or development. Note that only the first floor offers central air conditioning. ** Note - Expenses include taxes ,insurance, utilities, vacancy & maintenance ** subject to errors and omissions and sale without further notice
Location
State NJ
County Camden
Area Collingswood Boro (20412)
Zoning MIXED - USE
Rooms
Basement Interior Access, Outside Entrance
Interior
Interior Features Additional Stairway
Hot Water Natural Gas
Heating Forced Air, Hot Water, Radiator
Cooling Central A/C, Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 20.0
Water Access N
Roof Type Asphalt
Accessibility Wheelchair Mod, Ramp - Main Level
Total Parking Spaces 20
Garage N
Building
Foundation Stone
Sewer Private Sewer
Water Public
Architectural Style Victorian
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Collingswood Borough Public Schools
Others
Tax ID 12-00050-00008
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 Patric J. Ciervo • Keller Williams - Main Street