Cash Flow Machine!! 30 Reading St, Glassboro NJ 08028

Gloucester County, Glassboro, NJ, 08028
Sold
Listed at: November 7th, 2023
Price
$160,000
ARV
$310,000
Gross Margin
$150,000
Sq. Footage
1364
Type
Single-Family
Parking
Street
Year build
1910
Lot size
2500.00 sqft
Bedrooms
5
Bathrooms
2
Half Bathrooms
0
Summary

30 Reading Street,

Glassboro, NJ 08028

*CASH FLOW MACHINE RIGHT ON STUDENT CAMPUS!!*

*PHOTOS/VIDEOS COMING SOON!!*

SALE PRICE - 160K

ARV - 275K-310k

REPAIRS - 70K

💰 PROFIT MARGIN - 50K-85k


Investment Highlights:

🏠 Property Type: Single-Family Home

🛏️ Bedrooms: 5

🛁 Bathrooms: 2

📐 Square Footage: Approximately 1364 SqFt | LOT SIZE 2500 SqFt

📊 ROI Potential: High

🏢 Rental Income: Attractive

📍 Location: Nestled in the highly sought-after area of Glassboro, this property boasts an unbeatable location surrounded by an array of prime shops, exciting activities and top-notch dining. Conveniently situated close to a park and Rowen University. With such a desirable setting, residents will have access to a vibrant and dynamic lifestyle, filled with endless opportunities for leisure and enjoyment.

📌 Vacant

⚡ Property is just steps away from Rowan University!!!

⚡ Potential Cash Flow Machine!! Rooms are in high demand and renting for $800-$1,200 in the area!

⚡ Flexibility to convert this property into student housing with 7-9 rooms!! The possibilities are endless!

⚡ The University's presence ensures a consistent demand for student housing, making this an investment that is here to stay!

Act quickly, as opportunities like this tend to be snatched up quickly!! Don't miss out on this incredible deal!!!


SALES COMPS & DATES:


205 Baldwin Rd, Glassboro NJ 08028

4 Beds 2 Baths

1,368 SqFt

$325,000

Sold On ??

ZEstimate: $190,300


20 James Ct, Glassboro, NJ 08028

3 Beds, 3 Baths

1,872 SqFt

$310,000

Sold On 10/27/23

ZEstimate $310,100


88 Hetton Ct, Glassboro NJ 08028

3 Beds, 3 Baths

1,729 SqFt

$330,000

Sold On 06/01/23

ZEstimate $346,100


309 Victoria St, Glassboro, NJ 08028

4 Beds, 2 Baths

1,622 SqFt

$325,000

Sold On 10/06/23

ZEstimate $327,400

----------

105 Wright Ave, Glassboro NJ 08028

3 beds, 1 Bath

1,050 SqFt

$270,000

Sold On 10/02/23

ZEstimate: $272,200


108 Wright Ave, Glassboro NJ 08028

4 Beds, 2 Baths

912 SqFt

$275,000

Sold On 07/03/23

ZEstimate: $285,500


218 MacClelland Ave, Glassboro NJ 08028

2 Bed, 2 Baths

912 SqFt

$275,000

Sold On 07/13/23

ZEstimate: $296,100


118 Church St, Glassboro NJ 08028

4 Beds, 2 Bath

1,120 SqFt

$290,000

Sold On 07/11/23

ZEstimate: $310,000


ZILLOW RENTAL COMPS:


140 E High St, Glassboro, NJ 08028

6 beds, 2 Bath

1,405 SqFt

$3,000/month

House For Rent


112 Baldwin Rd, Glassboro NJ 08028

3 Beds, 1.5 Bath

1,824 SqFt

$2,750/month

House For Rent


206 High St, Glassboro NJ 08028

5 Beds, 2 baths

2,000 SqFt

$2,750/month

House For Rent






Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jay Henriquez

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Disposition manager