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231 E KNIGHT AVE Collingswood, NJ 08108
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Key Details
Sold Price $439,350
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,439 sqft
Price per Sqft $305
MLS Listing ID NJCD2086230
Sold Date 04/04/25
Style Contemporary
Abv Grd Liv Area 1,439
Originating Board BRIGHT
Year Built 1925
Available Date 2025-02-21
Annual Tax Amount $8,937
Tax Year 2024
Lot Size 6,625 Sqft
Acres 0.15
Lot Dimensions 53.00 x 125.00
Property Sub-Type Detached
Property Description
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!
Location
State NJ
County Camden
Area Collingswood Boro (20412)
Zoning RES
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air, Central
Cooling Central A/C, Ceiling Fan(s)
Flooring Carpet, Laminated
Equipment Washer, Dryer, Stove, Refrigerator, Microwave
Fireplace N
Appliance Washer, Dryer, Stove, Refrigerator, Microwave
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Water Access N
Roof Type Shingle
Accessibility None
Total Parking Spaces 4
Garage N
Building
Lot Description Rear Yard
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Collingswood Senior H.S.
School District Collingswood Borough Public Schools
Others
Tax ID 12-00019 01-00029
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, FHA 203(k)
Listing Terms Cash, Conventional, FHA, FHA 203(k)
Financing Cash,Conventional,FHA,FHA 203(k)
Special Listing Condition Standard
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Bought with Paul Chick • Tesla Realty Group LLC