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405 Lippincott Ave | Riverside NJ | 7269217112

Marty Moves You

This listing was posted on Marty Moves You (via Real Estate Promo).

$250,000

Attention Investors! Fantastic Duplex Deal in Riverside, NJ! ??

Price:
$250,000
BR/BA:
4 BR, 2 BA
Location:
405 Lippincott Ave, Riverside, NJ
Description:

🏠 Attention Investors! Fantastic Duplex Deal in Riverside, NJ! 🏠This duplex at 405 Lippincott Ave offers a great investment opportunity:Features:- Location: Riverside, NJ- Property Type: Up/Down Duplex- Total Square Footage: 1800- Unit Configuration: - Upstairs: 1 Bedroom, 1 Bathroom Studio - Downstairs: 3 Bedrooms, 1 Bathroom- Potential Rental Income: $3000+ per month- Repair Estimate: $15,000 - $25,000- After Repaired Value (ARV): ~$300,000πŸ’° Price: $250,000 πŸ’°Don't let this lucrative deal slip away! With its income potential and future value, it's an investor's dream. Contact me for more information and to grab this opportunity today! πŸ“²***********************Property Details***********************Walkthroughhttps://youtu.be/IOZTFDpMbuEPics and other info.https://drive.google.com/drive/folders/14zu2qyfsDaQ4kivcObyL0kXzMxol3oKo?usp=sharing6,399 Sq Ft - LotTaxes: $6,156.00 (2023)Oil heat (7 yers old furnace ). (Owner sometimes did 3 drops $800/per for the year) Oil Hot water No A/C Public water/sewageTenants (responsibility): No Leases SnowOwner (responsibility): Pays Water/Sewage TrashSFT 1800 total - up 700 / down 1100Up - Efficiency/ Studio Kitchenette, full bath (shower, toilet, sink) Back stairwell rear of house entry $315 (current has never changed in 20 years)Down 3bed / 1bath Kitchen, living room dinning room Basement (3rd Bed and some living space)(Rent $1200) below mkt. Can be delivered Vacant. Comps (All Duplex)210 New Jersey Ave, Riverside, NJ 08075 Active Multi-Family $299,999317 S Fairview St, Riverside, NJ 08075 Pending Multi-Family $459,0006 Morton St, Riverside, NJ 08075 Pending Multi-Family $299,999620 Filmore St, Riverside, NJ 08075 Closed | 01/12/24 Multi-Family $350,000Repairs ($15k-$25k)Roof Patch2nd floor exterior stairs need to be firmed up or replaced.Cosmetic
Property Type:
Multi-Family Residences for Sale
Sq feet:
1,800 sq. ft.
For sale by:
Agent/Broker
Agent Name:
Marty Moves You
Posted:
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More About this Listing: Attention Investors! Fantastic Duplex Deal in Riverside, NJ! ??
Attention Investors! Fantastic Duplex Deal in Riverside, NJ! ?? is a Four Bedroom Two Bath Multi-Family Real Estate for Sale at 405 Lippincott Ave in Riverside NJ. Find other listings like Attention Investors! Fantastic Duplex Deal in Riverside, NJ! ?? and listings near 405 Lippincott Ave by searching Oodle Classifieds for Four Bedroom Two Bath Multi-Family Real Estate for Sale in Riverside NJ.