This unique investment opportunity in the heart of Gloucester City, NJ! This 4-bedroom, 1-bathroom with a quaint fenced in yard, this Art Deco-style home is priced to sell at $213,000 and comes with a tenant already in place (1300/m), offering immediate rental income. This property is a fixer-upper with tons of potential. The classic Art Deco design provides a solid foundation for a beautiful restoration or modern update, making it a standout in the neighborhood. With an After Repair Value (ARV) estimated between $250,000 and $290,000, there’s room for significant upside with some strategic updates. We recommend adding an additional bathroom to increase both the property’s value and rental appeal, making this an even more lucrative investment.Situated in a friendly neighborhood, this home is close to local amenities, schools, and transportation, ensuring steady demand. Whether you’re looking to expand your real estate portfolio or find a promising flip, or your a FTHB that is not afraid of a little elbow grease, 104 Middlesex Street presents an opportunity you won’t want to miss.
This unique investment opportunity in the heart of Gloucester City, NJ! This 4-bedroom, 1-bathroom with a quaint fenced in yard, this Art Deco-style home is priced to sell at $213,000 and comes with a tenant already in place (1300/m), offering immediate rental income. This property is a fixer-upper with tons of potential. The classic Art Deco design provides a solid foundation for a beautiful restoration or modern update, making it a standout in the neighborhood. With an After Repair Value (ARV) estimated between $250,000 and $290,000, there’s room for significant upside with some strategic updates. We recommend adding an additional bathroom to increase both the property’s value and rental appeal, making this an even more lucrative investment.Situated in a friendly neighborhood, this home is close to local amenities, schools, and transportation, ensuring steady demand. Whether you’re looking to expand your real estate portfolio or find a promising flip, or your a FTHB that is not afraid of a little elbow grease, 104 Middlesex Street presents an opportunity you won’t want to miss.
Neighborhood
Type
Total Baths
County
Camden
Area
Gloucester City
Tax Amount
$4,933
Status
Active
Listing #
NJCD2073692
Built
1840
Lot Size
0.03
Listed on site
89 days
Listing Agent Id
304290582237