Nice investment deal in Atlantic City NJ 3Bed - 1Bath Needs Cleaning $29K

[John Jaramillo]

John Jaramillo | Infinity REI LLC | [e-mail] | [phone] 1261 N Ohio Ave, Atlantic City, NJ 3BR/1BA Single Family House offered at $29,000 Year Built Unspecified Sq Footage 1,116 Bedrooms 3 Bathrooms 1 full, 0 partial Floors 2 Parking None Lot Size 1,550 sqft HOA/Maint $0 per month DESCRIPTION Great Rental Opportunity for Quick Cash Flow in less than 24 months....Market Rent/Section 8 = $1250 This is a hoarders property. Most of the work will be in the cleanout. Nice hardwood floors underneath, no need to replace kitchen cabinets, update the rest of the kitchen and the bathroom. Replace part of the flooring behind the main door. Plaster and paint the ceiling and walls. Definitely worth the time to come and check it out and work your own numbers for the rehabbing. Rehab costs are conservatively between $15,000 and $20,000.....could be less depending 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. 10% Non-Refundable 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. TO MAKE AN OFFER CALL John at 856-298-1195 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. see additional photos below

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Contact info: John Jaramillo Infinity REI LLC [e-mail] [phone] For sale by individual owner

Posted: Jan 30, 2013, 11:22am PST