716 Collings Avenue

Description

Wonderful House Hacking Opportunity in Highly Sought After Collingswood, Voted 3 Best Town to Live and Work in the United States for 2023. Vacant remodeled 2 Bedroom unit on the second floor allows any owner occupant to purchase this Wonderful Investment Property for as little as 3.5% down. Rare opportunity for serious cash flow & the high probabilities of great appreciation. Enjoy charming Victorian touches such as stained glass windows & an over-sized porch perfectly paired with modern upgrades such as updated fixtures, updated flooring & paint and stainless steel appliances. Offers plenty of parking and a large shared yard. Located only a short distance from what is being hailed as +G+South Jersey+GGs hottest new dining destination!" Convenient downtown location close to restaurants, brewery's, transportation, major highways, bridges and airports. Philadelphia is just 7 minutes away. This property is definitely worth checking out! Unit 1 on first level is a 2 bedroom/1 bath rented out at $1,200/month through 01/31/2024 (market rent is $1,850/mo), Unit 2 on the 2nd level is a 2 bedroom/1 bath that is currently vacant (market rent is $1,750/month), Unit 3 on the third level is a 1 Bedroom rented out at $1,100/month through 01/31/2024 (market rent is $1,450/mo), and the Garage is being rented out month to month at $225/month (market rent is $400/mo). Schedule your appointment to check out this incredible property TODAY!