Property Description:
This is a brick faced end unit row home in the East Camden section of Camden city. This property offers a huge lot size with a rear driveway for easy and secluded entrance to the home. This gem features 3 bedrooms, 1 bath, a huge full basement, dining room, nice size living room, over 1,000 square feet of living, and an open eat-in kitchen. This home requires some TLC. However, once its all dolled up, she will shine bright like the GEM she is. Do not hesitate to put this on your list of homes to view.
Please contact us and schedule your private tour NOW. Please place your offers TODAY. You can steal this home from us for a cool $39,000… Please do not hesitate on this one. Call us NOW
This land is being sold in it’s “AS-IS” condition. The seller will not make any repairs to the subject property and all inspections, certifications, CO’s and CCO’s needed prior to the sale of this property will be the buyers responsibility of the buyer at his or her sole cost.
ASKING: $39,000
EST. REPAIRS: $20,000
TOTAL INVESTMENT: $59,000
ARV: $75,000
EST POTENTIAL PROFIT: $16,000
POTENTIAL ROI: 27%
RENTS: $1,100/MONTH
GROSS OPERATING INCOME: $13,200
ANUAL EXPENSES: $2,000
NET OPERATING INCOME: $11,200
CAP RATE: 19%