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Updated over 7 years ago,

User Stats

17
Posts
2
Votes
Terry Brown
  • Medford, NJ
2
Votes |
17
Posts

Great Flip Opportunity - $57,000 (75% already completed)

Terry Brown
  • Medford, NJ
Posted

**Need to close quickly (cash only)**

Purchase Price - $57,000
ARV - $125k - $130k *(Appraised at $135,000)*
Repairs - $22k
Holding Costs - ~$900/mo
Profit - $20,000+ on 90-120 day turnaround

Comps:

2302 S Cuthbert Dr, Lindenwold - 3/1, 1356sqft, SOLD $136,000
2009 S Winthrop Ave, Lindenwold - 4/2, 1488sqft, SOLD $135,000
305 Sussex Ave, Lindenwold - 4/1, 1587sqft, SOLD $130,000

Property description:
- 1455 SqFt
- 4 bed 2 bath
- SFR colonial split
- Built 1960
- Quiet / safe neighborhood
- ***Your retail buyer will be able to take advantage of the Berlin Twp school district from this addres

Brand new items:
* roof
* heater
* plumbing
* electric
* flooring on first two levels
* paint
* windows on first two levels
* front door
* new tubs in both bathrooms.

Repairs needed - kitchen (needs cabinets and appliances), updated flooring on third level, finish both bathrooms (materials onsite included: tile, toilets, faucets. Plumbing work already completed), new garage door panel, landscaping.

Can set up showings upon request.

More pictures upon request

Offering

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