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Updated about 3 years ago on .

User Stats

8
Posts
2
Votes
Jenny Zhang
  • Realtor
  • Edison, NJ
2
Votes |
8
Posts

Rebuild SFR in Metuchen

Jenny Zhang
  • Realtor
  • Edison, NJ
Posted

Investment Info:

Single-family residence fix & flip investment in Metuchen.

Purchase price: $201,000
Cash invested: $201,000
Sale price: $645,000

New construction with east facing beautiful colonial home. Specious 5 bedrooms with 3 unique full baths. Beautiful kitchen with quarts counter-top and center island, very popular exotic tigerwood hardwood flooring. Master bedroom with two huge walk-in closets for her and him. Superior custom finishes throughout. Two zone heat and air, great commuter location, near Metuchen Train Station and whole food shopping center, lot of restaurants surrounding. Great schools are nearby as well.

What made you interested in investing in this type of deal?

Great school district, and great location.

How did you find this deal and how did you negotiate it?

sheriff Sale

How did you finance this deal?

Partnership funding to rebuild this house.

Lessons learned? Challenges?

Find a good architect, Interior design, material purchasing, hire professionals to do the job, it can save your money and time.