2 Fam Rehab/Investment in Nice Area in Elizabeth

[Corey Beckwith]

I am wholesaling a 2 Family Home in a Desirable Elizabeth Neighborhood.  There is new construction happening on both ends of the block.  Close proximity to route 1.  This is perfect for a fix and flip or a buy and hold since the property is in livable move in condition.

The home features 2 Bedrooms in the lower unit and 3 Bedrooms in the upstairs unit.  Both units are currently rented at below market rents at $800 and $1,005 respectively.  House will be delivered vacant

It is in good condition and is in need of minor repairs.  Repairs are mostly cosmetic with the exception of converting the above ground oil tank heating to gas.  

Sales Price: $143,000

Repairs: $25,000

ARV: $250,000

Address is 1035 Emma Street, Elizabeth, NJ

Call 908-902-0739 for details.

[Joel Kraut]

We already own on Emma....What is status here?

Thanks

Joel

732-598-0351