Rehab Cape Available in Hamilton New Jersey
Clearwater Properties buys all kinds of houses from all kinds of sellers. Usually we will buy a home and "rehab" it so it can be sold on the retail market.
Often times we will offer these rehabbed homes under a 3 year lease purchase agreement that allows the buyer to get into the house for a low amount of up-front cash and offers a a percentage of accumulated rent credit which is applied at closing to the locked in purchase price. In a future post I will go into a deeper explanation of our lease purchase program.
There are also situations where we acquire a property that we do not intend to rehab and we turn around and sell it to another investor or handy homeowner who wants instant equity in a property.
Recently we acquired such a property in Hamilton New Jersey.
Here are the particulars of the property we have for sale:
- Cape Cod
- 3Bed
- 1Bath
- Lot Size 49' x 107'
- 2007 Taxes: $4,732
- Garage
- Vinyl siding
- Steam Hot Water Radiator Heat
- Gas
The home needs repairs made to its kitchen and bathroom and other general cosmetic work. The ARV (after repaired value) based on comparable sales is $235,000 and the necessary repairs to be made are estimated at $15,000.
Take a look at pictures of the house here.
Are you interested in making an offer on this property? If so, email us. Not interested in this house but want to be "in the loop" when we have other properties for sale? Sign up here.
