557 Haddon Avenue
Collingswood, NJ 08108
Listing provided courtesy of: KW Empower
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.
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Features:
Central Air Public Sewer
| Price: | $450,000 |
| Beds: | 2 |
| Interior (SQFT): | 2,614 |
| Lot Size (SQFT): | 2,614 |
| Property Type: | Residential Income |
| Year Built: | 1986 |
Listing provided courtesy of: KW Empower. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information is deemed reliable but not guaranteed. © 2024 by BRIGHT MLS. All rights reserved. Listing last updated on 12/19/2024 19:30:25
