3BR / 2Ba
1360ft2
house
laundry on site
off-street parking
Cash or Hard Money Buyers ONLY!
No bank financing allowed on this deal!
Equitable Interest Contract for sale!
3 beds/2 bath 1,360 sqft, 0.25 Acres Lot, $5,834 Taxes, SFH, Gas/City/City.
Asking price $174,900
Photos:
220 Berlin Rd Pics Link:
https://www.dropbox.com/scl/fo/6tn7vbqw6p2fzaxg0ujio/ALoM1yiBQbgPWbU1r4DqVbI?rlkey=aeyk5fd6xvorbbjrcaherpqnv&st=nslw12py&dl=0
Calling all investors, another great opportunity in Clementon NJ literally down the street from Clementon Water park and Clementon Lake. Currently a 2bedroom, 2bath house that can be easily be converted into a 3bed / 2bath home in order to maximize your return. House will need about $55k worth of work (this includes $5k to reinforce a 6 foot cylinder retaining wall in basement) or if you choose on keeping it as rental it will only need approximately $20k to get rent ready. Will need a small new retaining wall in basement of about 6 feet long. Homes like this rent between $2,300 – $2,500 and taxes for this property are about $5,834 per year.
Comparable Sales in Clemonton Lake area:
(1) 57 Watson Blvd Sold for $310k on 12/20/24 DOM 137
(3bed 1 bath 1,288 Sqft Fully Renovated $240 per Sqft)
(2) 50 N. Mohawk Ave Sold for $325k on 11/25/24 DOM 33
(3bed 1.5 baths 1,308 Sqft Updated $248 per Sqft)
(3) 64 Blackwood Rd Sold for $327k on 09/16/24 DOM 17
(3bed 2.5baths 1,360 Sqft Fully Renovated $240 per Sqft)
(4) 221 Countiss Ave Sold for $349k on 05/07/25 DOM 16
(3bed 2baths 1,161 Sqft Fully Renovated $300 per Sqft)
Need credit or capital for your flips and/or holds??
Copy and paste the following link for details:
https://mbcapitalsolutions.com/RolandJbuyshouses/
