231 E KNIGHT AVENUE, Collingswood, NJ 08108

Prime Duplex – 1 Block from Cooper River Park!

***HIGHEST and BEST offers due Monday, February 24th by 5pm***
Fantastic investment opportunity! This well-maintained duplex features two units, each with 2-bedrooms and 1 bath, separate waters heaters, water meters, and HVAC systems. The downstairs unit has washer/dryer hook ups and is NEWLY updated, while the upstairs unit was updated within the last four years, and has laundry access in the basement. The property offers plenty of driveway and street parking. Other recent improvements include NEWER windows, NEWER doors, roof- 1 year NEW, and main sewer line was replaced last year.

The property boasts a nice-sized fenced-in yard and a full basement for storage shared by both units. Market rents are approximately $1,600-$1,700 per unit, making this a strong income-producing asset. Upstairs tenant may be open to staying or vacating and is month to month. The downstairs unit is currently vacant, offering an excellent opportunity for the new owner to move in and enjoy rental income from the upstairs tenant. Alternatively, investors can capitalize on strong rental potential by leasing both units.
Great location, steps from Cooper River Park!! PATCO Speedline (access to Philadelphia) less than 1 mile away. If you are not familiar with Collingswood, it is a charming and vibrant town with a walkable downtown filled with shopping and dining and a great community feel! – don’t miss out on this opportunity!