(Burlington NJ) ๐Ÿš๏ธ95k PROFIT in this Burlington Fix & Flip๐Ÿก

Burlington County, Burlington, NJ, 08016
Sold
Listed at: June 24th, 2024
Price
$260,000
ARV
$425,000
Gross Margin
$165,000
Sq. Footage
1676
Type
Single-Family
Parking
Driveway
Year build
1952
Lot size
0.26 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

๐Ÿš๏ธ$95k PROFIT in this Burlington Fix & Flip๐Ÿก

Attention real estate investors: Excellent Location Close to Restaurants & Shopping Centers w/Easy Access to NJ-295, I-95, & NJ-Turnpike. Tons of potential for profit in a great Burlington neighborhood.

 

ASKING PRICE: $260K

ARV: $425K

 

Perfect For:

๐Ÿ›  Fix/Flip

(Purchase Price) $260K + (Rehab) $65k = (Total Investment) $325k

(ARV) $425k - (Total Investment) $325k = (Gross Profit) $95k 

 

ARV Comps:

25 Latimer Way, Burlington, NJ 08016- SOLD $435K

(Quality Finishes)

17 Lansdowne Rd, Burlington, NJ 08016- SOLD $410K

 (Simple Rehab, 156 Less Sqft)

1 Lynn Dr, Burlington, NJ 08016- SOLD $400K

(1 Less Bed Unfinished Exterior)

 

Property Overview:

๐Ÿ› 4 Bedrooms

๐Ÿ› 2 Bathroom

๐Ÿ“ 1676 sqft of potential

๐Ÿ“… Built in 1952

 

Property Details:

๐ŸงฑExterior: Brick & Siding with Newer Vinyl Windows

โ€จ๐Ÿ Roof: Newer Roof with no leaks

๐Ÿช Utilities: Breakers in service panel

๐ŸฅตNewer A/C Unit



Additional Insights:

๐Ÿš€ Area: Fast DOM with HUGE ROI

๐Ÿ•’ History: Long Owner

๐Ÿšง Attention Required: Cosmetic updates & Roof

๐Ÿ”„ Vacancy: Occupied, will be delivered Vacant 


PLEASE CALL TO SCHEDULE SHOWINGS

214-286-9640

TENTATIVE CLOSE DATE ON OR BEFORE 07/31/2024

 

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

Devin Robinson

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