INTERIOR DETAILS:

3 Beds

1.5 Baths

1664+ Sqft

Cooling : Central

Heat: Radiator

Water: Municipal

Sewer: Municipal

Clean Home Inspection and Environmental Reports

EXTERIOR DETAILS:

.26 acre DOUBLE lot

Single Family with Detached Garage

Exterior Wall: Vinyl Siding

FINANCIAL INFORMATION ​

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Property Taxes: $9,302

Asking Price: $275,000

ARV: $450,000+

Repair Level: Cosmetics

Virtual Walkthrough Link

https://mls.homejab.com/property/view/127-park-ave-collingswood-nj-08108-usa

Rare opportunity in coveted Collingswood, NJ. This neighborhood borders prestigious Haddonfield and has excellent schools. Property has had a residential home inspection (report available upon request) with no significant obstacles for renovation. The inspector and the contractor agreed and commented, "this is a good house." Property also passed environmental inspection with no issues (report available upon request). LARGE double lot offers lush landscaping and tons of room for an outdoor area or space for children to play and grow safely (HUGE selling point). One of the largest lots in this pocket! Property features over 11k sq ft (.26 acres) of green landscape and mature trees offering shade in the summer months and privacy. A partially finished basement features laundry, up-to-date systems, and a new state-of-the-art oil tank (clean environmental report available upon request). Detached garage at the rear of the property features a finished bonus room/man cave with electric and air conditioning. Floor-plan currently laid out as a 3 bedroom 1.5 baths.

Exit strategies:

Wholetail- Property is in very good condition and is currently long-term tenant occupied (will be delivered vacant). 116 Park Ave (across the street) sold for $360k+ with paint and flooring.

Fix and Flip- A complete cosmetic rehab would likely fetch $450k+, supported by comps within .25 of the subject property.

Rental- The demand for inventory in Collingswood is high. A deep clean and a few improvements could bring rents of $2500 - $3500.

🚨Call or text ASAP for more details - 856-485-7644🚨

DISCLAIMER: This is an assignment of contract. We have a legally binding contract with the Seller giving us exclusive rights to purchase the property. We do not represent the owner. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.