2-Family Home in Bloomfield Sold

  • $255,000
  • 5 beds
  • 3 baths
  • 2213 sqft

OFF MARKET DEAL!

The Moirai Group Ltd. is a principal party in a valid and assignable purchase and sales agreement, which allows The Moirai Group Ltd. to purchase a property in Bloomfield, NJ. The decision has been made to offer this purchase and sales agreement to another cash buyer so as to allow you the opportunity to buy this property. Not for public distribution. Private communication only.
For more information please contact Gabe at
609-638-8465
Showing will be Wednesday 4/25 from 9:00am-12:00!!!

Property Description

Don’t miss this opportunity to purchase multifamily property in Bloomfield! Great location for commuters and students! Close to train station and Bloomfield College! Possible conversion to 3-Fam!

Sales Details

Estimated ARV: 430,000
Buy Now Price: 255,000

Comps:
29 New Street: 5 bed/3 bath/2594 square feet sold for 482k on 1/31/19, condition unknown (price point lends itself to a full reno)
46 Lawrence: 4 bed/2 bath/2270 square feet sold for 405k on 2/28/19, full reno
147 Berkeley: 5 bed/3 bath/1874 square feet, sold for 495k on 9/5/18, full reno
408 Berkeley: 6 bed/3 bath/2290 square feet sold for 490k on 3/15/19, condition unknown (price indicates it was a full reno)
59 Charles St, 600 SF smaller, full rehab, 5/3, sold for 437k on 8/30/18
279 Franklin St, 200 SF smaller, full rehab, 4/3, sold for 498k on 1/25/19
89 Watsessing Ave, roughly same SF, 6/4, low end rehab, sold for 439k on 9/15/17
262 Ampere Pkwy, roughly same SF, 6/3, low end rehab, sold for 435k on 12/20/18
200 N 17th St, roughly same SF, 5/2, sold for 420k on 6/19/18

This potential deal has been reviewed and pre-qualified by BD Capital, who offers aggressive and fast financing terms for real estate investors.
For more information contact:
Erik Startzel
Phone: 908 295 7028
Email: erik@bdcapitalllc.com
www.bdcapitalllc.com

Disclaimers

CALL OR TEXT GABE PAOLELLA FOR MORE INFO AT 609-638-8465

SERIOUS BUYERS ONLY PLEASE. Buyer must be purchasing with cash, hard or private money, or line of credit and able to close within (30) days or less. $10,000 deposit due within 48 hrs of acceptance. Property being sold “as is”, any and all inspections and certifications, including Certificate of Occupancy will be Buyer’s responsibility. Free and clear title, quick closing offered.

All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes. The buyer is responsible at their sole cost and expense to obtain all required permits, approvals, and certificates, including but not limited to the certificate of occupancy and smoke detector certification.

*Estimate repairs are only an estimate, all buyers are encouraged to visit the property with contractor and gather an estimate.

**After Repair Value is an estimate of what the property can be resold after repairs have been completed. All buyers should perform their own due-diligence.

Price:
$255,000
Address:
Bloomfield, New Jersey 07003
Square Feet:
2213
Bedrooms:
5
Bathrooms:
3
Terms:
For Sale
Property Type:
Duplex
Year Built:
1915
Basement:
Unfinished

Call 609-638-8465 for more details