Fully Occupied 3-Unit Multifamily Investment Opportunity This fantastic 3-unit property offers an excellent opportunity for an investor looking for immediate, positive cash flow with minimal hassle. The building consists of two well-maintained residential apartments and one storefront, all of which are currently leased and fully occupied. Each unit is in very good condition, and all existing leases have approximately one year remaining, providing an investor with stable, predictable rental income from day one. With a strong cap rate, excellent condition, and 100% occupancy, this is a true turn-key investment opportunity. There is no need to wait for vacancies to be filled or undertake significant renovations—simply take ownership and start collecting income. Highlights: 3 total units 2 residential apartments 1 storefront/commercial unit 100% occupied All units currently leased Approximately 1 year remaining on existing leases Units in very good condition Strong cap rate Immediate positive cash flow Turn-key investment opportunity A great fit for an investor seeking stable income, solid returns, and a property that is ready to perform from day one.
For sale
Price increase: $20K (8/13)
$350,000
1402 Collings Rd, Camden, NJ 08104
6beds
--baths
--sqft
Triplex
Built in 1951
-- sqft lot
$348,000 Zestimate®
$--/sqft
$-- HOA
What's special
Two well-maintained residential apartments
- 2 days |
- 43 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Richard Bradin 609-760-7028,
Weichert Realtors-Cherry Hill
Source: Bright MLS,MLS#: NJCD2124680
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 0
Heating
- Baseboard, Natural Gas
Cooling
- Wall Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,500 Square Feet
- Dimensions: 25.00 x 0.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 080072700001
- Zoning: DUAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Triplex
Materials
- Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Camden
- Municipality: CAMDEN CITY
Financial & listing details
- Tax assessed value: $131,300
- Annual tax amount: $4,841
- Date on market: 8/13/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
- Income includes: Apartment Rentals, Shop Rentals
Estimated market value
Zestimate®
$348,000
Estimated sales range
$331,000 - $365,000
Rent Zestimate®
$1,772/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Price change | $350,000+6.1% |
Source: | ||
| 7/15/2026 | Listed for sale | $330,000 |
Source: | ||
| 12/9/2025 | Listing removed | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 11/13/2025 | Price change | $1,400+16.7% |
Source: Zillow Rentals Report a problem | ||
| 8/5/2025 | Listed for rent | $1,200+9.1% |
Source: Zillow Rentals Report a problem | ||
| 9/7/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/18/2023 | Listed for rent | $1,100 |
Source: Zillow Rentals Report a problem | ||
| 8/17/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/14/2023 | Price change | $1,100+10% |
Source: Zillow Rentals Report a problem | ||
| 4/20/2023 | Listed for rent | $1,000-9.1% |
Source: Zillow Rentals Report a problem | ||
| 7/18/2022 | Listing removed | -- |
Source: | ||
| 6/17/2022 | Listed for rent | $1,100 |
Source: | ||
| 6/2/2021 | Listing removed | -- |
Source: | ||
| 4/29/2021 | Listed for rent | $1,100 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Fairview
Nearby schools
GreatSchools rating
- 2/10Yorkship Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 2/10Morgan Village Middle SchoolGrades: 6-8Distance: 0.7 mi
- 1/10East Side High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- District: Camden City Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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