Fixer upper in nice quite block located close to shopping area and in preferred school system of Hamburg, NJ. Property features 3 bedrooms, 2 full baths and a semi-finished walkout basement. Will need updating like new kitchen, bathrooms, floors, paint, furnace, water heater as well as mold remediation in basement. Comes with city water, city sewer and oil heat with oil tank above ground on the side of the house. House can easily be flipped or rented between $1,400 – $1,500 per month with about 20k worth of work.
Gross Income – $16,800
Taxes – $5,910
Insurance – $700
5% Vacancy – $840
Net Income – $9,350
ROI – 12.46% (including $20k in repairs)
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.