Investor Opportunity Single Family in Urban Enterprise Zone

Camden County, Gloucester City, NJ, 08030 view full address
For Sale
Listed at: September 4th, 2024
Price
$213,000
Sq. Footage
1728
Type
Single-Family
Parking
Street
Year build
1840
Lot size
0.03 acres
Bedrooms
4
Bathrooms
1
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

This unique investment opportunity in the heart of Gloucester City, NJ! This 4-bedroom, 1-bathroom with a quaint fenced in yard, this Art Deco-style home is priced to sell at $213,000 and comes with a tenant already in place (1300/m), offering immediate rental income.

This property is a fixer-upper with tons of potential. The classic Art Deco design provides a solid foundation for a beautiful restoration or modern update, making it a standout in the neighborhood. With an After Repair Value (ARV) estimated between $250,000 and $290,000, there’s room for significant upside with some strategic updates. We recommend adding an additional bathroom to increase both the property’s value and rental appeal, making this an even more lucrative investment.

Situated in a friendly neighborhood, this home is close to local amenities, schools, and transportation, ensuring steady demand. Whether you’re looking to expand your real estate portfolio or find a promising flip, or your a FTHB that is not afraid of a little elbow grease, 104 Middlesex Street presents an opportunity you won’t want to miss.

By clicking on the “Submit” button below and signing up for texts, you consent to receive marketing text messages from Freedom Property Investors at the number provided, including messages sent by autodialer. Consent is not a condition of purchase. Msg & data rates may apply. Unsubscribe at any time by replying STOP or clicking the unsubscribe link (where available).
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Darrell Bailey

No reviews

Disposition manager