Asking $229,995
Est. Repairs $60,000 *
Est. Repaired Value $380,000 **
Potential Gross Profit >>>>$90,000<<<<
LOCATION! LOCATION! LOCATION!
Amazing Flip opportunity in highly desirable Atlantic Highlands. Latterly only 7 minute walk to the NYC Ferry (NOT IN FLOOD AREA) , a small bay beach, fishing pier, Town Casino, boat dock and right behind the house is the Atlantic Highlands downtown strip. Right of the bat you are saving money in renovations, property already has New Roof, Siding and vinyl windows throughout. The majority of the rehab will be in updating the interior, adding a bathroom in the back and opening up the front foyer to make it a big open concept floor plan with a massive kitchen. House currently sits as a 3 bed 1 bath. By opening the front foyer this the house will have approximately 1,450+ Sqft of living space. Come see this house today before its gone!!!
Comps:
(1) 168 E. Washington Ave Sold for $330k on 01/23/20
(2bed 1bath 1,044 Sqft Updated $316 per Sqft)
(2) 102 Asbury Ave Sold for $350k on 05/31/19
(2bed 1bath 760 Sqft Fylly Renovated $460 per Sqft)
(3) 7 Navesink Ave Sold for $365k on 02/27/20
(3bed 1baths 1,000 Sqft Renovated $365 per Sqft)
(4) 37 Memorial Pkwy Sold for $368k on 11/01/19
(3bed 2bath 1,224 Sqft Renovated $300 per Sqft)
(5) 34 1/2 South Ave Sold for $370k on 10/25/19
(3bed 1.5 baths 1,130 Sqft Renovated $327 per Sqft)
(5) 91 Center Ave Sold for $390k on 06/14/19
(3bed 2.5baths 1,539 Sqft Fully Renovated $253 per Sqft)
(6) 71 W. Highland Ave Sold for $400k on 11/04/19
(3bed 1.5baths 1,596 Sqft Renovated $250 per Sqft )
(7) 71 W. Highland Ave Sold for $422k on 05/20/19
(3bed 2baths 1,343 Sqft Fully Renovated $314 per Sqft)
(8) 20 E. Highland Ave Sold for $380k on 10/01/19
(3bed 1.5baths 1,448 Sqft Renovated $262 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.