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SMOKING HOT DEAL - RENOVATED HOME & 2 LOTS

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1 @ $810,000.00 / 1

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Description

Date posted: 27-Jan-2023

This is an great opportunity to convert trade dollars towards the equity in this home that sits on 2.88 acres of land. Our company, Apollo Equities, has recently completed the renovation on ths home and received subdivision approval on Januay 25, 2023 for two additional building lots.

 The existing home will have 2 bedrooms and 2 baths and is on one acre of land.. The remaining land has been subdivided into two building lots of approximately 1.0 acre each with access to public sewer and public water .

Public sewer and public water are at the property line. Recently, a 2,800 sf new construction 4/2.5 bath home one block away from the subject sold for $735,000.

Appraisal available upon request. The existing home appraised for $410,000 as completed. The individual lots are estimated to be worth up to $200,000 each. Other options including building on each lot a similar styled home and selling each one  for $735,000

Acquisition Cost for house on 2.88 acres :          $810,000                                                                

 

 

Keywords:

NYTO Trade Incorporation

Dee Patel
249 Broad St
Unit 316
Matawan, NJ 07747
(P) (732) 495-4839
(F) (732) 495-4839
Email: dee.patel@itex.net
Web Site: http://newjersey.itex.com