Belleville 2 Family Sold

  • $270,000
  • 6 beds
  • 2 baths
  • 2330 sqft

OFF-MARKET
FOR SALE IN BELLEVILLE

Call or Text Gabe Paolella
for more info

609-638-8465

PRICE IS FOR CASH BUYERS ONLY! MUST CLOSE BY 7/18/2018

SHOWING WILL BE HELD ON THURSDAY 6/21/2018 DURING THE HOURS OF 1-4PM!

Property Description: Great Investment property, or owner occupy. 2 Family with plenty of space including a full walk up attic and full basement with high ceilings both can be finished. Convenient location. Don’t Miss it. Each unit has 3 bedrooms and plenty of living space. New windows second floor unit. Off street parking for 5+ cars. 3 garage spaces, oversize garage that can produce added income. Front and back staircase allows attic and basement use privately by both units.

Sales Details:
Asking: $270,000
ARV: $400,000
Rehab: $25,000

Closing Costs: $28,000
Estimated Profit: $77,419
ROI: 24%

Comps:

  1. 236 William St, $385,000, 9/18/2017
  2. 38 Union Ave, $367,000, 7/14/2017 (Only 4 bedrooms and no renovations and still sold for 367,000)
  3. 71 Cedar Hill Ave, $415,000, 1/2/2018 (Substantially smaller and only 4 bedrooms)
  4. 243 Holmes St, $375,000, 2/21/2018 (No renovations)
  5. 32 Lincoln Terrace, $400,000, 4/17/2018 (Much smaller, only 4 bedrooms and slight renovations)

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 (10) days or less. $5000 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:
$270,000
Address:
Belleville, NJ 07109
Square Feet:
2330
Lot Size:
5236
Bedrooms:
6
Bathrooms:
2
Terms:
For Sale
Property Type:
Duplex
Year Built:
1917
Basement:
Full (unfinished)

Call 609-638-8465 for more details