557 HADDON AVE Under Contract Save Request In-Person Tour Request Virtual Tour
Collingswood,NJ 08108
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID NJCD2074750
Style Other
Year Built 1986
Annual Tax Amount $8,752
Tax Year 2023
Lot Size 2,474 Sqft
Property Description
Investor's Dream in Collingswood! Welcome to 557 Haddon Ave, a prime investment opportunity located just steps away from the vibrant downtown Collingswood strip and the PATCO station. This fully occupied duplex is a versatile gem with mixed-use potential, perfect for both commercial and residential purposes. Property Highlights: - First Floor: Commercial space available for rent or can be delivered with a tenant, this space has been recently renovated, featuring gas heat, central AC, and new flooring. The setup is ideal for maintaining the tenant for steady cash flow, or it can be reimagined for a new business venture once the lease is up or bring your own business an operate it out of the commercial space and collect rent above from the residential. Second & Third Floors:The residential unit offers 2 bedrooms and 1 full bathroom. The second-floor entry leads to a modern kitchen that opens into a spacious living room and one bedroom. The third floor houses the second bedroom. This unit has been fully rehabbed with refinished hardwood floors, new appliances, updated outlets and switches, contemporary light fixtures, and a completely remodeled bathroom. Outdoor Space:The property boasts a fenced-in yard with low-maintenance landscaping, featuring stone, mulch, and turf. There?s also access to the basement, which provides storage, utilities, and a washer and dryer.
Recent Upgrades:- New GAF 30-year roof (2022) - New windows (2022) - New electrical panel (2022) - New HVAC system (2022) - New gutters (2024). The residential unit is currently leased until April 30, 2025, with a reliable tenant who has been in place for three years, paying $2,100 per month. Don?t miss out on this incredible investment opportunity in one of Collingswood?s most desirable locations. Whether you?re looking to maintain the current setup or bring your vision to life, 557 Haddon Ave is a property with endless possibilities.
Location
State NJ
County Camden
Area Collingswood Boro (20412)
Zoning MIX USED
Interior
Hot Water 60+ Gallon Tank
Heating Central
Cooling Central A/C
Exterior
Waterfront N
Water Access N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Collingswood Public Schools
Others
Special Listing Condition Standard