Asking $225,000
Est. Repairs $85,000 *
Est. Repaired Value $460,000 **
Potential Gross Profit >>>>$150,000<<<<
WOW!!!! What a house, well built 2 story brick home located on a large corner lot with a driveway on each side. Come and make this house a dream house a make a huge return in the process, the house is in need of updating throughout. House is only 1 block from Haddon Heights Athletic field, tennis courts, and swim club. Just minutes from major roads and Philadelphia. House comes with 4 bedrooms, 2 baths, 2,788 Sqft of living space, front tiled foyer, formal living room with see-through stone fireplace, dining room, two-zone Heat/AC units and much much more. Bring your imagination into this open concept kitchen and make this property fly off the shelf. House will need approximately $80k worth of updating throughout. Taxes are approximately $12,120 per year.
Note: Based on Comps below the average property sales for about $174 per Sqft
The subject property has about 2,788 Sqft.
$174 per Sqft x 2,788 Sqft = $485,112 Est. Value
Comps:
(1) 504 Lake St Sold for $350k on 09/21/18 DOM 129
(3bed 1 bath 2,220 Sqft Updated $157 per Sqft)
(2) 11 9th Ave Sold for $370k on 07/12/19 DOM 29
(5bed 1.5 baths 2,232 Sqft Updated $165 per Sqft)
(3) 1710 Prospect Ridge Blvd Sold for $375k on 11/01/18 DOM 101
(4bed 3 baths 2,002 Sqft Renovated $187 per Sqft)
(4) 9 9th Ave Sold for $385k on 07/12/19 DOM 26
(3bed 2.5baths 2,438 Sqft Renovated $157 per Sqft)
(5) 107 10th Ave Sold for $395k on 03/15/19 DOM 187
(4bed 2.5baths 2,400 Sqft Renovated $164 per Sqft)
(6) 1412 Sycamore St Sold for $399k on 03/29/18 DOM 124
(4bed 2.5baths 2,167 Sqft Renovated $184 per Sqft)
(7) 706 Green St Sold for $435k on 10/26/18 DOM 105
(4bed 3baths 2,350 Sqft Updated $185 per Sqft)
(8) 100 9th Ave Sold for $510k on 10/19/18 DOM 11
(3bed 2.5baths 2,572 Sqft Renovated $198 per Sqft)
CALL OR TEXT JOHN JARAMILLO FOR MORE INFO AT 732-630-2627
IF YOU NEED FUNDING TO PURCHASE THIS PROPERTY OR ANY OF OUR PROPERTIES, PLEASE GIVE US A CALL AND WE CAN PUT YOU IN TOUCH WITH ONE OF OUR AFFILIATE LENDERS.
SERIOUS BUYERS ONLY PLEASE. Buyer must be purchased 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 732-630-2627.
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.
*Estimate repairs are only an estimate, all buyers are encouraged to visit the property with the contractor and gather an estimate.
**After Repair Value is an estimate of what the property can be resold after repairs have been completed. All buyers should perform their own due diligence.