Spectacular water view, charming two story home on a quiet street in established Penns Grove/Carneys Point area. This home features three bedrooms, one bathroom,a large cozy livingroom with brick fireplace. Beautiful formal dining room with built in shelves to show off your special collection, and sunny kitchen with a dishwasher. Full basement with a lot of storage room. Newer gas heat and central air. Open front porch. Steps away from the Delaware river. Minutes from Delaware Memorial Bridge, 95, and 295. Will need about $35k if you plan to fix and flip it. If you plan to rent it out it will need about $15k. House can rent for about $1,200 – $1,300, taxes are only $5,900
Gross Income $14,400
Taxes $5,900
Insurance $800
5% Vacancy $720
Net Income $ $6,980
ROI 12.92% (including $15k in Rehab)
CALL OR TEXT JOHN JARAMILLO
FOR MORE INFO AT
908-759-3161
SERIOUS BUYERS ONLY PLEASE. Buyer must be purchasing with cash, hard or private money, or line of credit and able to close within (10) days or less. 10% Non-Refundable deposit due within 48 hrs of acceptance. Property being sold “as is”, any and all inspections and certifications, including Certificate of Occupancy will be Buyer’s responsibility. Free and clear title, quick closing offered.
TO MAKE AN OFFER CALL John at 908-759-3161. All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes. The buyer is responsible at their sole cost and expense to obtain all required permits, approvals, and certificates, including but not limited to the certificate of occupancy and smoke detector certification.