🤯 (Sewell,NJ) NO WAY !! 1% Rule in Sewell, Cashflow 800+/mo!!!🏡

Attention Real Estate Investors

Charming, Fully Renovated Home with Income-Producing Rental Unit in Sewell, NJ for Sale. This property offers cozy living with income potential, featuring a three-bedroom, one-and-a-half-bath main house and a detached two-bedroom, one-bath rental unit. The main home has been completely updated, blending modern amenities with its classic character. The rental unit is equipped with stainless steel appliances, low-maintenance laminate flooring, and ample parking. **contact below**

ASKING PRICE: $420K

ARV: $500K+

RENT ROLL: $4400+/MO

CASH FLOW: $700/MO

Perfect For:

🚪 Buy and Hold

(Purchase Price) $420K + (Rehab) $20k = (Total Investment) $440k

(Current Rent Rate {both homes} ) $4500+/mo -$3800 (PITI) = $700+/mo est. CASH FLOW!

Rental Comps:

(Main)

605 Harper Dr, Glassboro, NJ 08028- LEASED $2,350/MO

118 Grandview Ave, Pitman, NJ 08071- LEASED $2,400/MO

(Detached)

601 W Holly Ave, Pitman, NJ 08071- LEASED $2,100/MO

44 S Broadway, Pitman, NJ 08071- LEASED $1,850/MO

454 Heather Dr N, Mantua Township, NJ 08051- LEASED $2123/MO

Property Overview:

🛏 5-- (3) - (2) Bedrooms

🛁 3-- (2) - (1)  Bathroom

📏 2,306 liveable sqft of potential! 

📅 Built in 1890

🏡  Fully Remodeled Main Home and Refreshed detached

Additional Insight:

🚀 Area: Hot Area for Flips or profitbale Rentals

🕒 History: Long-term Owners 

🚧 Attention Required: Minor Rehab -- Countertops, paint and bathrooms  

🔄 Vacancy: Vacant

**Buyer due diligence on all properties**

CALL TO SCHEDULE SHOWINGS

214-286-6940

TENTATIVE CLOSE DATE:  09/13/2024