Motivated Seller: $8k Gets The Deed For Dirt Cheap
This fixer-upper on E. 21st Avenue near Cleveland Avenue in Linden is a 1144 square foot two-story home with three bedrooms, one bathroom, and a full basement with washer & dryer hookups but there is no garage.
The property is a rehabber's dream as it needs a full rehab including the plumbing, electric, electric panel, hot water tank, furnace, paint, carpeting, kitchen and bathroom fixtures and a lot of other miscellaneous repairs. In other words, this is a total rehab and NOT a project for beginners. It's also not currently habitable until the plumbing, electric, furnace,... hot water heater, bathroom and kitchen are fixed. Once the house is fixed up, it rents for $700/month.
I'm a motivated seller and I'm selling the property dirt cheap for only $13k cash. However, I will give you the deed for only $8k cash if you pay the approximately $5k in property taxes and fees at some point in the future after you fix it up and resell or rent it. In other words, you can hold on to an extra $5k for the time being and pay the taxes later. Although the sign in the yard says rent-to-own, this house is only available for a cash purchase.
