With rental income of over $40,000 a year, this legal, conforming duplex works as an investment property with ample parking; rent both units, live in one unit and rent the other or convert back into a gorgeous single-family home. The opportunities are endless! 6% CAP RATE - RENTS are $1,900 ($1,975 2nd year) and $1,550. This Victorian is in the historic theater district within walking distance to downtown Collingswood! Interior is spacious with loads of charm. 2nd/3rd floor unit is 3 bedroom, 2 bath with 2nd floor porch lease ending May 31, 2023. The first floor unit lease ends l November 30, 2021 and is 2 bedroom, 1 bath. Each unit has a washer and dryer in their own unit. The home is situated on a large lot with ample parking. This is a great investment! This is a MUST SEE!
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