Beautiful home awaits turnkey investor in Penns Grove, Salem County, New Jersey.
This home has been refreshed with new stove and dishwasher and fresh paint throughout June 2008. The home features an enclosed sunporch, 1 bedroom, living room, dining room, large eat-in kitchen, walk-in closet, laundry room and full bath on the first floor. The second floor features three bedrooms, full bathoom and access to the walk up attic.
The property is 130 feet deep and has a large yard. In addition there is a partial unfinished basement. The home also features vinyl double pane tilt out windows, central heat and air conditioning. This home is 2.5 blocks from the river and near riverfront development.
The home is currently listed for $129,000 and rented at $1,142/month. NJ Housing Assist pays $642/month. Tenant pays $500 (less $24 boiler service contract credit)water, electric & gas. Owner pays taxes($3,281) & sewer($600/year). Owner is a licensed NJ Real Estate Agent.
This home is listed by EXIT Buyers Plus Realty. For more information or to schedule a showing, contact:
Leander McClain, Realtor, EXIT Buyers Plus Realty, Burlington Township, New Jersey 08016 609-505-6578
Leander,
Nice looking property and the income isn't too shabby either. Are the tenants on a long term lease?
Good luck with your marketing efforts.
Hal,
The tenants are currently on a 1 year lease which can easily be renewed. This is going to be a great deal for someone. This home basically needs no maintenance and the tenants pay the utilities.
Have a great day
Leander
This is a nice looking place. Good luck with it....
Stacey~