5 Unit Special in Middletown, NJ! Fix and Flip or Rental!

[Cedric Stout]

**Calling all Monmouth County, NJ Rehabbers, Landlords, and Investors!**

5 Units ($5,000/month potential) in Middletown, NJ for only $135,000!

Submit your offer today! 910-977-5504 or [email protected]

Google Maps: https://goo.gl/maps/b684iroHAcF2

This sweet deal has a strong rental potential or fix and flip. Priced at practically land value!

Property Features:

https://www.youtube.com/watch?v=8go6JMpS0uI&featur...

• Multi-family
• 3 Buildings on property
• Building 1: 3 units, each with 1 bedroom, 1 bath, kitchen, living room, and dining room.
• Building 2: Cottage with living room, eat-in kitchen, 1 bed and 1 bath.
• Building 3: Smaller cottage with living room, eat-in kitchen, 1 bed, and 1 bath.
• Gas Heating
• 2 driveways for parking
• Could be either a flip or rental
  • Total potential rent: $5,000/months ($1,000 per unit)
• Can be a great turnkey property as well.

Neighborhood Features:

• Close commute to New York City
• Minutes to Ferry and Train

Property Financials

ARV: $450,000-$500,000

Estimated Repairs: $150,000-$175,000 (full gut rehab plus raising each structure)

ASKING PRICE: Only $135,000!!