24 Sterling St Franklin, NJ 07416 Sold

  • $48,000
  • 3 beds
  • 1 baths
  • 1,200 sqft
Sold

Nice size house located in quiet street, property needs updating throughout. Come see this one today before its gone. City water/ sewer, above ground heating oil tank in basement. A few blocks away from Route 23 and a few mins from Route 15. Close to shopping centers and schools, house can rent for around $1,350 – $1,450 per month and will need about $25k to make move in ready. Taxes on this are only $3,949. Requires only exterior and interior cosmetic work like painting and polishing floors.

Gross Income $16,200
Taxes $3,949
Insurance $800
5% Vacancy $810
Net Income $10,651
ROI 14.59% (including $25k of rehab)

CALL OR TEXT JOHN JARAMILLO
FOR MORE INFO AT
732-630-2627

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 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.

Price:
$48,000
Address:
24 Sterling St
Franklin, New Jersey 07416
Square Feet:
1,200
Lot Size:
4,356
Bedrooms:
3
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Basement:
1/2 Unfinished
Const. Type:
Block/Frame

Additional Features

Basement * Dining Room * Hardwood * Living Room * Yard

Call 732-630-2627 for more details

Property Location