Asking $29,995
Est. Repair $60,000 *
Est. Repaired Value $130,000 **
Potential Gross Profit >>>>$40,000<<<<
Check out this great deal located in Sussex County NJ. Raised ranch with lots of potential, home featuring 2 bedrooms, 1 bath with stone fireplace and private deck in large master bedroom. Finish the walk out basement and create even more living space. Home is on private septic and well, current taxes for this property are $3,672 with an assessment value of $137,000. Home can easily become a rental for about $1,300 – $1,400 month.
Note: Septic system has not been tested, rehab estimate includes a $20k replacing budget for a new septic. Which means you can even make more money if septic is in working condition and doesn’t need to be replaced.
Comps:
8 Cove Ln Sold for $120k on 08/01/17
3 Union Rd Sold for $149k on 05/05/17
18 Ridge Cir Sold for $123k on 03/24/17
35 Union Rd Sold for $169k on 08/12/16
31 Union Rd Sold for $121k on 05/06/16
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 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.
*Estimate repairs are only an estimate, all buyers are encouraged to visit the property with 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.