BUY AND HOLD OR FLIP

[Malik Gray]

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apartment

Excellent opportunity to invest in a rapidly rising market. Legal 2 family unit in the B class neighborhood.
layout: 3 bed, 1 bath over 2 bed,1 bath(1bed rm on 1st floor was converted to create a large living room, can be converted back for additional rental revenue. Basement has a full bath, can be finished to add additional rooms to the 1st floor for additional rental revenue.
2112 SQ. FT
LOT SIZE 3484
BUILT 1929
ASKING $240k
needs cosmetics and upgrading $40k
taxes 9k
ARV $400k


comp references:
33 linden ave
Bloomfield, NJ 07003
sold 6/19/2018 $432k

252 Franklin st.
Bloomfield, NJ 07003
sold 6/11/2018 $450k

84 Willard Ave
Bloomfield, Nj 07003
sold 1/2018 $425k

SERIOUS INQUIRIES ONLY